2025-09-18
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Good morning.
It's Thursday, September 18th.
I'm Shamita Basu.
This is Apple News Today.
On today's show, the CDC director fired by RFK Jr. reveals her side of the story,
how Trump risks being sidelined in the Israel ceasefire effort,
and why ABC pulled Jimmy Kimmel off the air.
But first, to the Federal Reserve.
For the first time this year,
the central bank cut its benchmark interest rate by a quarter percentage point on Wednesday amid a slowing job market.
Here's Fed Chair Jerome Powell speaking to reporters after Wednesday's decision.
My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people.
The Fed also signaled there could be more cuts on the way.
Yesterday's rate cut came as the economy is on shaky ground.