The Federal Reserve gives Americans another interest-rate cut

MANDEL NGAN/AFP via Getty Images; Chelsea Jia Feng/BI

• The Federal Reserve cut interest rates by 25 basis points on Thursday.
• It follows a 50-basis-point cut in September, with the pace of inflation continuing to cool.
• The Fed will likely begin considering the impact Trump's tariff proposals would have on the economy.

Another interest-rate cut is headed Americans' way.

On Thursday...