The Federal Reserve has cut its key interest rate to a range of 4.5%-4.75%, citing progress on inflation and a desire to keep the job market healthy. This is the second rate cut in a row, following a cut in September. The move was widely expected and comes as the US economy faces uncertainty following the election of Donald Trump as president. The Fed's key rate sets a benchmark for lending across the economy, influencing interest rates for credit cards, mortgages, and other loans. #DonaldTrump #mainstream #politics