Jerome ‘Too Late’ Powell Expected to Cut Rates This Week– townhall.com Jerome ‘Too Late’ Powell Expected to Cut Rates This Week– townhall.com The Federal Reserve is poised to deliver its first rate cut of 2025 on Wednesday, even as policymakers weigh the inflationary impact of new tariffs and lackluster labor market data, according to Fox Business. The Federal Open Market Committee is expected to trim rates by 25 basis points, the first cut since December 2024, bringing the target range down to 4.00 to 4.25 percent. Markets have already priced in the move, with the CME FedWatch tool showing a 96 percent probability of a quarter-point cut with just 4 percent odds of a deeper half-point reduction.
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