Declaration sent stock prices tumbling immediately
Cut approved 8-2, with two dissenting votes calling for a hold
Three things to watch for from the Federal Reserve on Wednesday
But home prices rose at a slower pace in May
Consumer spending accelerated to 4.3%
Home prices have increased faster than income for 7 years
Fund predicts 2.6% growth in U.S., 1.5% in Canada
Experts weigh in on what to expect
Consumer confidence remains high in spite of economic uncertainties
Growth hit a 26-year low in Q2