Federal Reserve Chair Jerome Powell surprised markets on Wednesday evening.
Jacquelyn Martin/AP
- The Federal Reserve cut its benchmark interest rate to between 4.25% and 4.5% on Wednesday.
- The central bank also projected two cuts next year instead of four, sending stocks tumbling.
- Here's how analysts, economists, and other experts reacted to the Fed decision and market reaction.
The Federal Reserve cut its benchmark interest rate on Wednesday to a range of 4.25% to 4.5%...