Federal Reserve Cuts US Rates by 25 Basis Points Third Time in Row for 2025

NAMPA / Sputnik

2025-12-10

WASHINGTON, December 10 (RIA Novosti) - The Federal Reserve on Wednesday cut US interest rates by 25 basis points after two similar reductions in September and October, as part of continued efforts to bolster a softening labor market. "In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-1/2 to 3‑3/4 percent," the policy-m......

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