Powell Drops Rate One Quarter, Promises Two More Cuts in 2025 Federal Reserve Cuts Rates for First Time in 2025– legalinsurrection.com Welp, it only took numerous poor inflation reports for the Federal Reserve to cut interest rates! From Fox Business: Following the central bank’s decision to cut rates for the first time since December 2024, the federal funds rate will sit at a new range of 4% to 4.25%. The cut comes after the Fed left rates unchanged at its first five meetings this year amid economic uncertainty. Policymakers have been monitoring economic data which has shown a slowdown in hiring as businesses grapple with shifts in trade and immigration policy, while inflation has remained elevated and trended higher in recent months as tariff-related price hikes filter through into inflation data. That dynamic has presented a challenge for policymakers in achieving both of the goals of the Fed’s dual mandate to promote maximum employment and stable prices in line with the Fed’s 2% inflation target.
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