Federal Reserve Cuts Interest Rates by a Quarter Point, Expects More Reductions This Year
September 17, 2025
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2:03Now PlayingFederal Reserve Cuts Interest Rates by a Quarter Point, Expects More Reductions This Year
YouTube Description
as posted by the channelThe Fed has cut interest rates and expects two more reductions this year. The Federal Open Market Committee voted 11-1 on Wednesday to cut the target range for the federal funds rate to 4%-4.25%, after holding rates steady for five straight meetings this year. This is the first rate cut since last December. Only one official, the newly-sworn-in Stephen Miran, voted against the decision. He favored a larger, half-point cut. Bloomberg's Michael McKee is at the Fed with more.
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