Fed Cuts Rates by a Quarter Point
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The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming?
Follow MarketWatch's live coverage of Wednesday's Federal Reserve decisions, with an interest-rate cut and the end of the central bank's "quantitative tightening" program expected to be announced.
World shares were mostly higher Wednesday ahead of an interest rate decision by the U.S. Federal Reserve. Japan’s benchmark Nikkei 225 index surged more than 2% to another record as U.S. President Donald Trump continued his charm offensive in Asia.
The Federal Reserve is set to announce its next interest rate decision Wednesday, which could mean more relief for borrowers.
The fed-funds rate, or target interest rate set by the Federal Reserve, has been moving in ways over the past month that add up to signs of stress, according to FHN Financial Chief Economist Chris Low.
Follow live coverage of the October Federal Reserve meeting that started Tuesday. The Federal Open Market Committee's interest-rate decision is due Wednesday, and will be followed by a press conference from Fed Chair Jerome Powell.