The Daily Editor

WASHINGTON — 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.

A cut Wednesday would be the second this year and could benefit consumers by bringing down borrowing costs for mortgages and auto loans.

 » Read more about: Federal Reserve to cut key rate Wednesday, may signal another cut to follow  »

The Federal Reserve is expected to cut interest rates Wednesday,

 » Read more about: The Federal Reserve's Meeting Starts Today—Here's What You Need to Know  »

Investors are nearly certain that the Federal Reserve will announce a quarter-point cut to its benchmark interest rate Wednesday afternoon.

What happens next is anyone’s guess.

Typically, in times of a labor market slowdown the Fed lowers rates to spur economic activity. During times of rising inflation, the Fed often hikes rates to put a lid on rising prices.

 » Read more about: Federal Reserve poised to cut key interest rate for the second time this year  »

The United States (US) Federal Reserve (Fed) will announce its interest rate decision and publish the Monetary Policy Statement following the October policy meeting on Wednesday. 

Market participants widely anticipate the US central bank to cut the policy rate by 25 basis points (bps), lowering it to the range of 3.75%-4%.

 » Read more about: Federal Reserve set for another interest-rate cut despite economic data blackout  »

 » Read more about: Federal Reserve expected to cut interest rates amid government shutdown  »

• IonQ was the first pure-play quantum computer company to go public.

• It has achieved an impressive 99.99% accuracy in key quantum computing metrics.

• The U.S. government is in talks to take an equity stake in quantum computing stocks, including IonQ.

 » Read more about: Why Is Wall Street So Bullish on IonQ? There's 1 Key Reason.  »

(AI video summary)

This video was created on 29 October 2025 for IG audiences by ausbiz.

ASX code: BOE

Boss Energy’s uranium production strengthens market position

Boss Energy, a prominent uranium miner has been garnering attention following a strong September quarter. The company recorded drum production of nearly 400,000 pounds of uranium at a cash cost of $34 per pound.

 » Read more about: Boss Energy's uranium production strengthens market position  »

Washington — President Trump said Wednesday in South Korea that he hoped to emerge from a meeting with Chinese President Xi Jinping with a U.S.-China trade deal in hand.

“We’re going to be, I hope, making a deal. I think we’re going to have a deal. I think it will be a good deal for both,”

 » Read more about: Trump says he expects to strike U.S.-China deal in meeting with Xi Jinping after months-long trade war  »

As Donald Trump continues his Asia tour, all eyes are on his upcoming meeting with China’s President Xi Jinping in South Korea on Thursday – amid a fierce trade war and fraught geopolitical backdrop.

In this week’s episode of TrumpWorld, Anushka Asthana and Matt Frei break down what we can expect from this meeting and what’s at stake;

 » Read more about: Why Trump-Xi summit could escalate their trade war  »

US stock futures rose on Wednesday to eye fresh records, with hopes for a China boost to Nvidia (NVDA) buoying techs in the wait for the Federal Reserve to confirm bets on an interest-rate cut.

S&P 500 futures (ES=F) rose 0.2%,

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq futures rise as Nvidia hopes run high, with Fed decision on deck  »