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Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
50% Center coverage: 195 sources
US Crime · PennsylvaniaFive officers were shot in a police incident in York County, Pennsylvania, on Wednesday afternoon, according to three people familiar with the matter confirmed to NBC News.
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5 officers shot in Pennsylvania during police incident, 3 in grave condition, sources say
58% Center coverage: 82 sources
