Economic Policies

Fed Cuts Interest Rates by a Quarter-Point, Signals Fewer Cuts Next Year

The Federal Reserve expects fewer interest rate cuts in 2025 as inflation pressures weigh on monetary policy.
Fed Cuts Interest Rates by a Quarter-Point, Signals Fewer Cuts Next Year
The Federal Reserve building in Washington on Nov. 13, 2023. Madalina Vasiliu/The Epoch Times
Andrew Moran
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The Federal Reserve followed through on the third straight interest rate cut on Dec. 18, lowering the benchmark rate by 25 basis points to a range between 4.25 percent and 4.5 percent at the December policy meeting.

It also stated that it expects fewer interest rate cuts in 2025 as inflation pressures weigh on monetary policy.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."