Economy September 18, 2024 5:17 pm Interest rate cut: Why latest Federal Reserve move is unusual For the first time in four years, the Federal Reserve cut interest rates by .50% in hopes to increase employment. Conan Nolan reports for the NBC4 News at 3 p.m. on Sept. 18, 2024. US & World Videos 3:14 First Alert Forecast: Cooler temperatures 1:48 Samuel Woodward to be sentenced for first-degree murder 2:27 Burbank Police seek information on nurse impersonator 3:09 Burbank police seeking information on nurse impersonator 0:20 1 dead, 2 critically injured in Boyle Heights crash