Chip Somodevilla/Getty Images News Listen below or on the go on Apple Podcasts and Spotify    Fed cuts rates by 25 basis points with one dissent. (0:15) Dot plot pencils in two more cuts this year – barely. (1:11) Powell calls move ‘risk management.’ (1:42) The following is an abridged transcript: The Fed cuts and Powell herds the cats (or hawks and doves). The Federal Reserve cut interest rates for the first time this year, lowering the fed funds rate by 25 basis points to 4%-4.25%. And Fed Chairman Ja ...