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Fed Cuts Rates by 25 Basis Points With Three Dissents

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December 10, 2025

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The Federal Reserve cut rates for a third consecutive meeting and maintained their outlook for just one cut in 2026. The Federal Open Market Committee voted 9-3 Wednesday to lower the benchmark federal funds rate by 25 basis points to a range of 3.5%-3.75%. This time there were three dissents. Bloomberg's Michael McKee reports from Washington.

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Fed Cuts Rates by 25 Basis Points With Three Dissents · Bloomberg Television · Sentinel