US Fed meeting: Jerome Powell-led FOMC cuts interest rate by 25 bps; 5 key highlights

The US Federal Reserve cut the benchmark interest rate by 25 basis points to a range of 4.00% to 4.25% on September 17, 2025, marking its first rate cut since December 2024 amid rising unemployment and job growth decline.

Published: September 17, 2025 6:09 pm

Source: Mint — Read original