US Fed Cuts Interest Rates to 3.75–4.00% in October 2025 | Key Takeaways from Jerome Powell’s FOMC Meeting
The US Federal Reserve, chaired by Jerome Powell, decided to cut the federal funds rate by 25 basis points to a target range of 3.75% to 4.00% on October 29, 2025.This marks the second consecutive rate cut by the Fed this year, amid persistent inflationary pressures and ongoing uncertainty in the US economy. 1. Fed…
