News & Stories Economy The Fed cuts interest rates to bolster job market Scott Horsley October 30, 2025 / 1:44 am The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December. Why you can trust KUOW Recommended Stories The great data center space race includes a small company in Redmond February 04, 2026 Amazon lays off 16,000 employees in major reduction of force January 28, 2026 Seattle's job market shrunk in 2025, marking first dip since Covid January 27, 2026