
The US Federal Reserve has cut its key interest rate to a target range of 3.50% to 3.75%, a reduction of a quarter percentage point (25 basis points). This decision was announced on December 10, 2025, and marks the third rate cut of 2025.
Current Target Range: 3.50% - 3.75%.
Previous Rate: 3.75% - 4.00%.
The cut comes amid signs of a cooling labour market, including stalled job growth and higher unemployment, which prompted policymakers to provide an economic boost.
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(by: Patrick J.)
[2025-12-10 20:34:10]
(ID: 288)
Money,Politics