Business - US Federal Reserve lowers rates again, but cautions another cut in December is far from certain

The US Federal Reserve has made its second interest rate cut of the year, in an effort to maintain economic momentum despite ongoing government shutdowns. The decision comes with only partial data available, highlighting the challenges faced by the central bank.

The quarter percentage point reduction brings the Federal Funds Rate to a range of 3.75 percent to 4 percent. However, the Fed has cautioned that another rate cut in December is not certain and will depend on future economic data. This move suggests that policymakers are becoming increasingly cautious about the state of the economy, amidst growing concerns over inflation.

The decision also marks a shift in the Fed's approach, as it announced plans to stop reducing its balance sheet by the end of the year. This move could help stabilize financial markets and reduce uncertainty.

In other economic news, Boeing reported a third-quarter loss of $5.4 billion, weighed down by delays in its 777X rollout. The company's struggles have raised concerns about the impact on the global economy.

The article emphasizes the challenges faced by policymakers as they navigate an uncertain economic landscape.

I mean, can you blame them for cutting rates? The government shutdown is still causing a lot of uncertainty and it's gonna affect people's spending habits. But at the same time, it's not like this is a super optimistic move or anything... they're just trying to keep things from getting too bad. And yeah, the Boeing thing is wild - I mean, who loses that much money on one plane? It's like they're playing with fire over there.

And can we talk about how weird it is that they're still being cautious despite cutting rates? Like, aren't they trying to boost the economy or something? It just feels like they're trying to make sure not to mess things up too much.

come on guys, another rate cut and people are still talking about inflation? it feels like the fed is just trying to keep up with the times . i mean, $5.4 billion loss for boeing tho, that's some crazy money. what's really gonna happen when they finally get that 777X off the ground?

I gotta say, this rate cut is like a double-edged sword . On one hand, it's good for the economy and all that jazz , but then you got these concerns about inflation and whatnot... inflation is already a thing, right? Like, we're not getting cheaper prices or anything .

And can we talk about Boeing for a sec? $5.4 billion loss? That's like, a lot of cash . I mean, I get it, delays happen and all that, but it's still pretty surprising. It feels like the whole global economy is tied to this one company's performance .

The Fed's trying to stabilize financial markets here, which sounds cool and all , but what does that even mean in practice? Like, how exactly are they gonna make it happen? The uncertainty around all these moves is kinda killing me . Can we just get some clear data for once?!

the fed is getting a bit wobbly, if you ask me . like, i get it, government shutdowns and all that jazz, but still, a quarter point cut? seems kinda hesitant to me. and another rate cut in dec? no way, not gonna happen . they need to get their act together, figure out what's really going on with this economy. it's like they're playing catch-up . and don't even get me started on boeing... that's some serious financial stress . anyway, only time will tell if the fed can get their monetary mojo back .

I'm freaking out over here ! Like, can't these folks just get a handle on things?! One minute it's interest rate cuts and the next, it's like "oh wait, we're not sure what's going on anymore" . I mean, I know the Fed is trying to be cautious with inflation and all that jazz, but come on! It feels like they're just making it up as they go along .

And don't even get me started on Boeing ... $5.4 billion loss? That's crazy town! What are they even doing over there? Did they forget to turn on the engines or something? It's not just Boeing, though - it's like the whole economy is one big mess. I'm literally stressed out just thinking about it .

I guess what I'm trying to say is... can we just get some stability for once? Like, can someone please make a plan and stick to it?! It feels like we're all just winging it and hoping for the best. Ugh, my anxiety levels are through the roof .

the fed is trying to keep up with the times but it feels like they're just playing catch-up, you know? i mean, a quarter point reduction might seem small, but considering all the uncertainty out there, it's kinda like waiting for the other shoe to drop, right? and now they're gonna stop reducing their balance sheet by the end of the year... that's gotta be some comfort to investors or whatever . but hey, at least we can say that the economy isn't in free fall just yet, so i guess that's a blessing in disguise .

gotta say, i'm a bit concerned about this interest rate cut. like, don't get me wrong, it might help stabilize things in the financial markets and all that jazz... but what's behind this decision? is it just a case of being cautious, or are we really facing some deeper economic issues?

i mean, think about it - we've got a government shutdown going on, which always messes with the economy. and now we're talking about inflation concerns? it feels like a big ol' puzzle, and the Fed's not giving us all the pieces.

anyway, i'm all for being mindful of our finances and taking care of ourselves... but maybe this is one instance where less really can be more?

I'm kinda surprised the Fed is cutting rates again, feels like they're just trying to keep things afloat . With all these government shutdowns and whatnot, you'd think they'd be super cautious about making moves that could spark inflation . But nope, they're going ahead with it anyway. Maybe it's 'cause they really want to avoid another recession? Either way, it's got me wondering if the economy is actually as strong as everyone says it is . And Boeing losing a bunch of cash just adds to my concerns . Can't say I'm convinced this rate cut is gonna do all that much good...

omg, can't believe the Fed is being super cautious now like, one quarter point reduction might not seem like much, but it's a start, right? and yeah, I get why they're hesitant with another cut in December - inflation is still a concern . but what's up with Boeing, man? $5.4 billion loss? that's crazy . I'm no economist, but even I know the 777X rollout has been a hot mess . it's like, can't they just get their acts together?

The Fed's trying to get its act together, but it's like their math skills are still in beta testing . I mean, a quarter point here, a quarter point there, when will they just make up their minds? Anyway, gotta feel for the poor central bankers – they're stuck with the economy being all wonky and stuff. Like, can't we just have a smooth sail for once? At least this interest rate cut is good news for everyone who owes money... or not .

I'm kinda surprised the Fed's not cutting rates faster, considering Boeing's struggles are starting to trickle down (literally – their planes aren't moving). But hey, at least they're being cautious – that's what you get when you're trying to avoid a full-blown economic meltdown . I guess only time will tell if this is the right move, but for now, let's just hope our wallets don't end up on a seesaw ride .