The Federal Reserve cut interest rates by 25 basis points for the third time this year in a split decision. This brings the new target range down to 3.5% to 3.75%. Yahoo Finance's Jennifer Schonberger explains further details.

The Federal Reserve cut interest rates by 25 basis points for the third time this year in a split decision. This brings the new target range down to 3.5% to 3.75%. Yahoo Finance's Jennifer Schonberger explains further details. ♬ original sound - Yahoo Finance - Yahoo Finance
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