Close Advertising Fed cuts rates for second-straight time to lowest level in three years Like About Share0 views0% 0 0The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. CNN’s Matt Egan and Richard Quest report. #CNN #News Date: October 29, 2025CNN federal Reserve Wednesday Related videos 4K 83% Ex-Trump official says this is why the bond deadline scares Trump 9K 97% Why Elon Musk Is All In on Donald Trump 5K 95% Israel and Hamas move forward on Trump’s Gaza peace plan 6K 97% Hear top economist’s prediction if uncertainty around Trump’s tariffs continues 9K 93% Hottest Cantopop band speaks with CNN’s Julia Chatterley 7K 79% Reggae legend Jimmy Cliff dead at 81 7K 97% French unions strike against budget cuts 3K 98% Hunting for fresh deer without firing a shot Show more related videos