Fed Cuts Rates, Hints at One More Cut in 2026
Update: 2025-12-10
Description
The Federal Reserve has lowered its main interest rate for the third time this year, marking the lowest point in over three years. Despite a lack of new economic data due to a government shutdown, the Fed has been monitoring a slowdown in job growth and rising inflation. The Fed hinted at only one more rate cut in the coming year, suggesting they believe the recent cuts are sufficient for now. The rate reduction aims to make borrowing cheaper, encouraging businesses to expand and hire more people, and prompting consumers to spend more. However, not all members of the Feds rate-setting committee agreed with this decision, with three members dissenting, the highest number in six years.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
