Federal Reserve cuts key rate as government shutdown clouds economic outlook

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View in Browser Federal Reserve cuts key rate as government shutdown clouds economic outlook October 29, 2025 Wednesday's decision brings the Fed's key rate down to about 3.9%, from about 4.1%. The central bank had cranked its rate to roughly 5.3% in 2023 and 2024 to combat the biggest inflation spike in four decades. Read more Today's latest headlines ADVERTISEMENT SUPPORT THE AP. DONATE. Manage preferences  | Privacy policy | Unsubscribe     *Advertisers have no control over editorial decisions or content. If you're interested in advertising, contact us here.