News & Stories Economy Federal Reserve cuts interest rates again as concerns grow about U.S. job market Scott Horsley Scott Detrow October 29, 2025 / 1:17 pm The Federal Reserve lowered its benchmark interest rate today for the second time in six weeks. The central bank is trying to shore up the sagging job market. Why you can trust KUOW Recommended Stories Unemployment in WA reaches highest rate since 2021 April 02, 2026 The K-shaped economy: Why diners are dying but yachts are booming April 02, 2026 Inland Northwest farmers face rising fertilizer, diesel costs from Iran war March 31, 2026
