Powell Plays Down Split Within Fed As Policy Makers Close Ranks to Make Another Rate Cut

NAMPA / Sputnik

2025-12-11

WASHINGTON, December 11 (RIA Novosti) - It had been billed as the most divided Federal Reserve meeting in years, but the third rate cut for 2025 delivered by the US central bank has also shown its policymakers can put aside their differences — for now, at least. The Fed, as the central bank is called, agreed to drop another 25 basis points from key US lending rates — just as it did in September and October — at Wednesday’s meeting of its policy-s......

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