$USINTR - Fed Cuts Rates as Expected (September/2025)

28
USINTR
September/2025
source: Federal Reserve
snapshot

- The Federal Reserve cut the federal funds rate by 25bps, bringing it to the 4.00%–4.25% range, in line with expectations.
It is the first reduction in borrowing costs since December. Policymakers noted that recent indicators suggest that growth of economic activity moderated in the first half of the year.
Job gains have slowed, and the unemployment rate has edged up but remains low.
Inflation has moved up and remains somewhat elevated.

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