Morning Wire Evening Wire: The Fed Cuts Rates & Melissa Hits Cuba | 10.29.25
51 snips
Oct 29, 2025 The Federal Reserve has made a quarter-point rate cut to help support jobs while grappling with inflation concerns. Hurricane Melissa strikes Cuba, causing damage and raising alarms as it heads toward the Bahamas. Violence spikes in Washington D.C., with several serious incidents reported. Meanwhile, J.D. Vance discusses ambitions for 2028 and governance aimed at improving affordability. In a shocking twist, escaped research monkeys are on the loose in Mississippi after a truck crash. Stay informed with these critical updates!
AI Snips
Chapters
Transcript
Episode notes
Fed Lowers Rates To Support Jobs
- The Federal Reserve cut its benchmark rate by 0.25 points to 3.75–4% to support a cooling labor market.
- Policymakers warned they may act again if hiring weakens while inflation remains slightly above 2%.
Melissa Strikes Cuba After Hitting Jamaica
- Hurricane Melissa made landfall in Cuba as a Category 3 storm after devastating Jamaica.
- The storm weakened to Category 2 and moved toward the Bahamas with widespread flooding and power outages reported.
Israel Enforces Ceasefire After Violations
- Israel resumed airstrikes in Gaza after a terrorist killed an IDF soldier, then pledged to enforce the ceasefire amid violations.
- President Trump warned Hamas to behave or face being taken out, framing the group's role in regional peace.