What the Fed’s latest cut reveals about state of the economy

美联储最新降息揭示的经济状况

Apple News Today

2025-10-30

14 分钟
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单集简介 ...

The Federal Reserve cut interest rates again but its chair had a warning for Wall Street. Rates are now at their lowest in in three years, the Wall Street Journal reports. A judge in Chicago ordered the ICEcommander leading operations in the city to report to court daily for briefings on the use of force. The Chicago Tribune’s Jason Meisner explains. Police in Rio de Janeiro carried out the deadliest raid against a drug gang in Brazilian history, leaving at least 132 dead. AFP reports on how the action drew swift condemnation. Plus, a new report suggests how much health-care costs could be about to rise for millions of people, Jamaica begins to assess the damage from Hurricane Melissa, and how a new book by Dr. Seuss was discovered. Today’s episode was hosted by Shumita Basu.
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单集文稿 ...

  • Good morning.

  • It's Thursday, October 30th.

  • I'm Shamita Basu.

  • This is Apple News Today.

  • On today's show, why the public face of federal immigration enforcement is facing court scrutiny,

  • Rio in shock after police carry out its deadliest ever raid, and a newly discovered Dr.

  • Seuss manuscript will soon be published.

  • But first,

  • the Federal Reserve made another interest rate cut for the second month in a row yesterday.

  • The quarter point reduction was expected and long priced into market expectations.

  • What was more surprising was Fed Chair Jay Powell's warning on the road ahead.

  • In the committee's discussions at this meeting,

  • there were strongly differing views about how to proceed in December.

  • A further reduction in the policy rate at the December meeting is not a foregone conclusion.

  • Far from it.

  • His wording here, characterized by the Wall Street Journal as an unusually pointed intervention,

  • was seen as an attempt to rein in markets that had already begun to price in another rate cut,

  • something President Trump is eager to see.

  • Wall Street dipped following Powell's comments.

  • Powell also acknowledged uncertainty owing to the shutdown,