Fed's Rate Cut: A Close Call
Update: 2025-12-31
Description
The Federal Reserves December meeting minutes reveal a closely divided decision on a third straight quarter percentage point rate cut, bringing the benchmark interest rate to a range of 3.5% to 3.75%. Officials agreed the slowdown in job growth and rising unemployment called for slightly easier policy, but concerns about inflation persisted. New projections pencil in just one more rate cut for next year, with the Fed likely to hold steady until fresh data shows inflation cooling or unemployment climbing faster than expected. Upcoming jobs and consumer price reports will influence the Feds next gathering on January 27th and 28th.
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