| Title | US FOMC cuts target rate by 25 bps; guides for 50 bps more rate cuts in 2025 |
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| URL | https://informistmedia.com/MoneyWire/35951/Rate-Cut-US-FOMC-cuts-target-rate-by-25-bps-guides-for-50-bps-more-rate-cuts-in-2025 |
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| Category | Media News --> Media |
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| Meta Keywords | US FED, FOMC, US FEDERAL |
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| Meta Description | The US Federal Open Market Committee on Wednesday voted to reduce the federal funds target rate range by 25 basis points to 4.00-4.25%, after keeping it unchanged for five consecutive meetings. |
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| Owner | ankita shinde |
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| Description |
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| The US Federal Open Market Committee on Wednesday voted to reduce the federal funds target rate range by 25 basis points to 4.00-4.25%, after keeping it unchanged for five consecutive meetings. All members of the committee voted for a 25-bps cut, except Stephen I. Miran, who voted to reduce the rate by 50 bps. |
