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PBS News Hour

News Wrap: Fed cuts interest rates for 2nd time this year

Season 2025 Episode 302 | 6m 23s

In our news wrap Wednesday, the Federal Reserve cut its topline interest rate by a quarter-point for the second time this year, President Trump is due to meet China's Xi Jinping on the last leg of his Asian tour, the U.S. is reducing its military presence along NATO's border with Ukraine and Israel carried out a strike on Northern Gaza even as it says its ceasefire with Hamas is still in place.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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