Fed to Make 1st Interest Rate Decision of 2026; Amazon Cuts Jobs

January 28, 2026
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The Federal Reserve is set to meet and is expected to make a big decision on interest rates that is being closely watched by the White House and consumers. Meanwhile, Amazon has announced it will layoff about 16,000 people. NBC’s Christine Romans joins TODAY to break down what to expect from the Fed meeting and what’s behind Amazon’s decision to cut its workforce for the second time in three months.



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