U.S. Fed cuts interest rates, nods to limits of data during shutdown; two policymakers dissent

U.S. Fed cuts interest rates, nods to limits of data during shutdown; two policymakers dissent

U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025. | Photo Credit: Reuters A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (October 29, 2025) and announced […]

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U.S. Federal Reserve cuts interest rate by 0.25 points

U.S. Federal Reserve cuts interest rate by 0.25 points

The Federal Reserve cut its key interest rate by a quarter point Wednesday (September 17, 2025) and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s first cut since December and lowered its short-term rate […]

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U.S. Fed poised for smaller rate hike with eye on wage growth

U.S. Fed poised for smaller rate hike with eye on wage growth

The U.S. Federal Reserve is poised to slow its interest rate hikes next week. File The U.S. Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers’ most forceful moves in decades to fight inflation ripple through the economy. But the half-point jump analysts expect to see in […]

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