Wednesday Evening Links

[Reuters] S&P 500 posts biggest drop since May after Fed cut, Powell comments

[CNBC] Fed Chief Powell says rate move was a ‘midcycle adjustment,’ hinting more cuts not a guarantee

[Reuters] Fed cuts interest rates, signals it may not need to do more

[CNBC] The two words from Jerome Powell that rocked the financial markets

[CNBC] Trump says Fed Chief Powell ‘let us down’ by not clearly signaling more rate cuts

[AP] Fed cuts key rate in its first reduction in more than decade

[Reuters] Brazil central bank cuts rate sharply to record low 6.00%

[Reuters] A look back at the Fed's past rate-cutting cycles

[NYT] Fed Cuts Interest Rates for First Time Since 2008 Crisis

[WSJ] Fed Cuts Rates by a Quarter Point in Precautionary Move

[FT] Fed cuts rates for first time since financial crisis