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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: 284 sources

Property · DullesJW Marriott launches first Virginia property with 247 rooms, 40,000 sq ft event space, and new Mindful Rooms concept. Features 3 dining venues and direct Metro access to Dulles Airport.See the Story