International Economic

Fed delivers second rate cut, Powell tempers December expectations

By Iain Gilbert

Date: Wednesday 29 Oct 2025

(Sharecast News) - The Federal Reserve approved a second consecutive interest rate cut on Wednesday, lowering its benchmark borrowing rate by 25 basis points to a range of 3.75%-4.00%, though chair Jerome Powell unsettled markets by signalling uncertainty over a further move in December.
The decision was backed by a 10-2...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page