Apple News Today What the Fed’s interest-rate cut means for you and the economy
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Sep 18, 2025 The Federal Reserve has cut interest rates, signaling potential future cuts amid a weakening job market. Former CDC director Susan Monarez revealed pressure to alter vaccine schedules before her dismissal. National-security insights highlight how Trump might influence Israel's actions, yet Netanyahu maintains control. Meanwhile, Jimmy Kimmel faces suspension over controversial remarks, Jerry from Ben & Jerry's steps down, and debates arise about Tom Brady's dual roles in sports and media.
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Fed Move Signals Future Easing
- The Fed cut its benchmark rate by 0.25 percentage points and signaled more cuts may follow this year and into next year.
- Chair Jerome Powell said the quarter-point move alone won’t change much, but the signal of further easing matters for markets and hiring.
Slowing Jobs Drove The Cut
- Job growth has slowed sharply, averaging just 29,000 jobs in the past three months, prompting the Fed to loosen policy to support hiring.
- Analysts expect modest declines in consumer rates like credit cards and potential downward pressure on fixed mortgages if more cuts follow.
Politics Shadowing The Fed Vote
- The Fed's decision wasn’t unanimous and raised concerns about politicization after a newly sworn-in Trump ally dissented for a larger cut.
- Most analysts don’t believe the Fed is acting partisan, but the conversation about potential politicization has intensified.