The widely expected move delivers a lowering of interest rates sought by President Donald Trump, though the size of the cut falls short of the major drawdown called for repeatedly by the president. The Fed previously projected an additional quarter-point cut at its next meeting in December,

The Federal Reserve cut interest rates today by a quarter point. Follow along for live updates on the Dow, S&P 500 and Nasdaq as investors react.

U.S. stocks bounced around their records on Wednesday after the Federal Reserve made moves to boost the job market but also warned that more help isn’t guaranteed. The S&P 500 finished virtually flat and edged down by less than 0.

The Federal Reserve cut interest rates by a quarter point for the second time this year. Investors lowered the probability of a cut at the Fed’s December meeting after Jerome Powell, the central bank’s chair,

The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring

Chair Jerome Powell injected new doubt by highlighting a “growing chorus” of officials who are wary about further reductions.