After three rate cuts, Fed policymakers are done for now

HOUSTON/NEW YORK (Reuters) - Speaking in events across the country, Federal Reserve policymakers hammered home the message that Fed Chair Jerome Powell delivered earlier this week: that after cutting borrowing costs three times this year, the Fed is now done. After the latest quarter-point decrease Wednesday, which took the Fed's target for the overnight bank-to-bank lending rate to a range of 1.5%-1.75%, the U.S. economy is better armed to withstand the risks of a global slowdown, Fed Vice..