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Fed Poised for First 2025 Rate Cut as Weak Jobs Data Outweigh Inflation Concerns

  The Federal Reserve seal at its Washington, D.C. headquarters, where policymakers are set to decide on the first interest rate cut of 2025. The U.S. Federal Reserve is expected to lower its benchmark interest rate by 25 basis points today, marking its first rate cut of 2025 and the first since December last year. The move would bring the federal funds target range down to 4.00%–4.25%, as policymakers respond to slowing job growth and rising unemployment, even as inflation remains above the Fed’s 2% target. Recent labor market data showed just 22,000 jobs added in August, with earlier months revised downward, while the unemployment rate has climbed to around 4.3%. Inflation, measured by the Fed’s preferred PCE index, has edged higher in recent months, partly due to tariffs pushing up consumer prices. Markets have largely priced in the cut, with investors watching the Fed’s updated “dot plot” for clues on whether more reductions will follow in October and December. The decision ...
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Riddles and Answers

 


                      



Riddles are a great way to challenge your mind and have some fun. They can also help you improve your vocabulary, logic and creativity. Here are some good riddles for the day that you can try to solve. Don't worry, the answers are provided at the end of the post.

 
Riddles:  

1. What has a heart that doesn't beat?

2. What can you break, even if you never pick it up or touch it?

3. I have keys, but no locks and space, but no room. You can enter, but can't go outside. What am I?

4. This belongs to you, but everyone else uses it.

5. I have many keys, but usually only two or three are used to unlock me. What am I?



Answers:

1. An artichoke.

2. A promise.

3. A keyboard.

4. Your name.

5. A piano.





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