Banks, pension funds and insurance companies from around the world directed their message at a U.N. climate conference
The deal could herald more mergers across the industry
The Fed cut short-term rates last month for the third time this year
Overall consumer prices rose 1.8% over the past year
Unemployment remains near a five-decade low
The move reduces the short-term rate to a range between 1.5% and 1.75%
The salary drop tracks with a 17% decline in bonuses
The unexpected decline was influenced by weaker sales at gas stations
Measure isn't intended to lower longer-term rates, Fed says
Powell may face challenges on future moves