Fed cuts interest rates on Wednesday
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US Fed FOMC Meeting, US Fed Rate Cut, Interest Rate Cut Decision Today Live Updates: The US Federal Reserve, led by Jerome Powell, is expected to announce its first interest rate cut of 2025 today, following economic slowdown and pressure from President Trump.
US Fed Meeting 2025 LIVE: The US central bank's Federal Open Market Committee (FOMC), led by Chairman Jerome Powell, is scheduled to announce a benchmark interest rate today, following its two-day meeting from September 16 to September 17.
The Fed updates its U.S. economic forecast four times a year. Here are the latest numbers, with the prior estimates in parenthesis. In short: The Fed’s projects elevated inflation, stable unemployment and a more aggressive pace of interest rate cuts this year.