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Fed Chair Powell Cautions Against Expecting a December Rate Cut
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October 29, 2025
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0:43Now PlayingFederal Reserve Chair Jerome Powell warns investors not to assume another interest-rate cut is coming in December, saying it's "not a foregone conclusion." On Wednesday, the Federal Open Market Committee voted 10-2 to lower the target range for the federal funds rate by a quarter percentage point to 3.75%-4%. These are highlights from Powell's press conference following the decision.
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