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Chris Farrell and Art Rolnick
St. Paul, Minn.

The impact of the Fed's interest rate cut

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Stock market
Traders work on the floor of the New York Stock Exchange Tuesday in New York City. The Federal Reserve, in reaction to a severe downturn in worldwide stock markets and concern about a United States recession, reduced its interest rate by three-quarters of a percentage point before the opening NYSC bell.
Stephen Chernin/Getty Images
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Stock market
Traders work on the floor of the New York Stock Exchange Tuesday in New York City. The Federal Reserve, in reaction to a severe downturn in worldwide stock markets and concern about a United States recession, reduced its interest rate by three-quarters of a percentage point before the opening NYSC bell.
Stephen Chernin/Getty Images
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