The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. Read more: cnb.cx/4oH4tGz | CNBC
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Following the Fed's decision to cut interest rates for the second time this year, Federal Reserve Chair Jerome Powell acknowledged economic damage wrought by the government shutdown — but downplayed its enduring impact. Read more: https://abcnews.visitlink.me/JZsjcG | ABC News
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With the federal shutdown continuing, SNAP benefits for millions of Texans won’t be issued Nov. 1, leaving families and food banks bracing for impact. | KHOU 11 News
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Tensions continue to rise between Democrats and Republicans as the shutdown puts 42 million Americans on the verge of losing federal food aid. | Analysis Read more: https://cnn.it/47tmgKx | CNN
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