US Fed Cuts Interest Rates by 25bps in Third 2025 Cut
The US Fed on Dec 11 cut rates by 25bps to 3.5–3.75%, its third cut of the year, aiming to stabilize jobs and steer inflation toward 2%.
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The US Fed on Dec 11 cut rates by 25bps to 3.5–3.75%, its third cut of the year, aiming to stabilize jobs and steer inflation toward 2%.
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Federal Reserve Chair Jerome Powell addresses the Jackson Hole symposium, hinting at a potential interest rate cut in September as inflation approaches the Fed’s target.
The Fed’s decision to keep interest rates high continues to strain the global economy, weakening currencies and increasing debt burdens in emerging markets.