The Fed cut interest rates slightly on Wednesday to steady the economy amid a weakening job market, as a long government shutdown has clouded its view of the economy.

Yields in U.S. government debt popped after Wednesday's postmeeting statement from the Federal Reserve, amid concerns that the central bank's latest interest-rate cut may reinflate the economy. Data f

The Federal Reserve is expected to cut interest rates by a quarter of a percentage point at its policy meeting on Wednesday, to a target range of 3.75%-4.00%. That would follow a quarter-point cut in September,

The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. The government shutdown has cut off the flow of data that the Fed relies on to track employment,

Any decision by the Federal Reserve to end its "quantitative tightening" program to shrink its balance sheet could nudge mortgage rates lower, said Sam Williamson, senior economist at First American.

South Korean President wooed President Trump on Wednesday, gifting him a replica of an historic golden crown and a coveted medal, while the nations searched for an agreement on trade in the latest stop on Trump’s Asia swing this week.

The Federal Reserve is anticipated to announce a cut in interest rates on Wednesday, despite the lack of government data due to the ongoing shutdown.