Federal Reserve cuts interest rates by 0.25 percentage points, but projects fewer reductions in 2025
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Financial Times1mon
Monetary Policy Radar preview: Federal Reserve’s December meeting
At its next meeting on December 18, the Federal ... monetary response to Trump’s inflationary tariff and tax pledges. We think it will show a median of two cuts in 2025. Yet despite the tighter ...