Consumer confidence falls. But worries over the big economic picture don't necessarily translate into fewer purchases by consumers. NPR's Scott Horsley reports.
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
The Fed lowered interest rates by a quarter percentage point Wednesday in an effort to cushion the sagging job market. The move comes as policymakers face growing pressure from President Trump.