Fed cuts 25 bps to 3.75%-4.00%, Powell: “December cut not a foregone conclusion”
FOMC October 2025: Statement Changes, Rate Cut, and Key Numbers The US Federal Reserve reduced the federal funds target range by 25 bps to 3.75%–4.00% on October 29, 2025. The move and wording appear in the official FOMC statement. September’s prior decision had set the range at 4.00%–4.25% (see September statement). In the press conference, Chair Jerome ...
