P.M. Edition for Oct. 29. The Fed cut interest rates by a quarter percentage point today, as was widely expected. But comments from Fed Chair Jerome Powell cast doubt on another cut in December. WSJ chief economics commentator Greg Ip joins to discuss. Plus, a trio of big tech companies report quarterly earnings that exceed analyst expectations… mostly. And a Senate proposal to raise the limit on insured deposits is creating surprising political alliances—and, as WSJ reporter Dylan Tokar explains, would be a nightmare scenario for the nation’s biggest banks. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.