US EditionFederal Reserve cuts key rate by quarter-point and signals two more cuts this year
- On Wednesday, the Federal Reserve, under Chair Jerome Powell, lowered the federal funds target range by 0.25 percentage points, marking the first interest rate cut in 2025.
- The rate cut followed rising inflation, slowing job growth, and pressure from investors and political figures including President Trump for the Fed to ease policy.
- Powell noted the Fed had kept rates steady for five meetings due to economic uncertainty, and its dual mandate to balance employment with price stability remains challenging.
- The federal funds rate currently stands between 4% and 4.25%, with Powell emphasizing that FOMC members will determine future actions by carefully evaluating the data and considering its impact on the economic outlook.
- This rate cut signals potential further easing, but economists warn multiple cuts may be necessary before consumers see significant changes in borrowing costs or savings.
257 Articles
257 Articles
Fed Cuts Rates 25 Basis Points; Mortgage Rates Fall to 2025 Low
On Sept. 17, the Federal Reserve voted to cut the federal funds rate by 25 basis points. A basis point is one one-hundredth of a percentage point.Mortgage lenders anticipated this move; last week, the average 30-year mortgage rate fell below…
Fed Cuts Rates for First Time This Year
The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday as officials signaled that two more cuts could follow this year in light of rising risks confronting the labor market. The decision to lower borrowing costs for the first time since December shifts interest rates to a range of 4 percent to 4.25 percent. The decision was not unanimously supported, the second straight meeting that featured at least one disse…
Fed officials cut interest rate quarter-point after blocking Trump agenda for months * WorldNetDaily * by Bob Unruh
President Donald Trump speaks to Fed Chair Jerome Powell during a tour of the Federal Reserve in Washington, D.C., Thursday, July 24, 2025. (Official White House photo by Daniel Torok) The Federal Reserve Board of Governors on Wednesday cut interest rates one-quarter of a point, establishing the benchmark at 4% to 4.25%, after blocking President Donald Trump’s economic agenda – building back America’s business interests, manufacturing and expans…
US Federal Reserve officials cut interest rates by a quarter of a percentage point today.
As a result of a weak labour market, the US Federal Reserve lowers the key interest rate. Now the range is 4.0 to 4.25%, according to the Fed in Washington.
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