See every side of every news story
Published loading...Updated

Fed Expected To Cut Interest Rates In September

UNITED STATES, AUG 5 – The Federal Reserve kept rates steady due to inflation above 2% and ongoing tariff risks, with core inflation at 2.8% through June, Federal Open Market Committee said.

  • The Federal Open Market Committee met on July 30, 2025, with Jerome Powell announcing the policy rate remained 4.25% to 4.5% in Washington.
  • Two policymakers dissented calling for a rate cut as softer jobs data and economic slowing raised concerns ahead of the next meeting in six weeks.
  • Current inflation runs above the 2% target at 2.7% headline and 2.8% core, while unemployment edged to 4.2%, signaling mixed signals for policy.
  • Fixed income markets assign a 90% chance of a rate cut on September 17, possibly lowering the Fed Funds rate toward 4% to 4.25%.
  • The expected cut reflects views that accommodative rates may be needed as the Fed awaits more data on labor and tariff-driven inflation dynamics.
Insights by Ground AI
Does this summary seem wrong?

16 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Inc. broke the news in on Tuesday, August 5, 2025.
Sources are mostly out of (0)