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 7K 93% CNN Presidential Debate: President Joe Biden and former President Donald Trump 8K 95% Expert explains how Trump’s Georgia trial being televised could impact the election 4K 80% Conservative judge delivers major setback to key Trump ally 3K 95% ‘It’s misguided’: Trump’s beef deal with Argentina angers America’s struggling farmers 9K 91% ‘The most honest person in the world’: Hear who Trump was talking about 7K 84% Newsom on 2026 midterms: ‘Donald Trump’s presidency de facto ends’ 9K 92% Ralph Fiennes monologues viral ‘demure’ video 4K 90% Watch as firefighters stop reignition of fires behind Erin Burnett Show more related videos