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ID: 55226521 Video

Headline: Fed Cuts Interest Rates as Job Market Weakens, Despite Government Shutdown

Caption:

The U.S. Federal Reserve has cut its key interest rate by a quarter percentage point to a range of 3.75 to 4 percent — its lowest level in three years — as concerns about a slowing labor market outweigh inflation fears.

Keywords: Current affairs & Politics,U.S. Federal Reserve,Interest rate cut,Economic slowdown,Labor market weakness,Jerome Powell,Government shutdown impact,Monetary policy,Inflation moderation,Balance sheet halt,Economic uncertainty,Fed decision split,Employment outlook,Recession risk

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