As expected, the Federal Reserve on Wednesday cut its target rate cut by ¼ point to a 4.0%-to-4.25% 3.75%-4.0% range. The drop marks the second rate cut this year, following the drop in the policy rate in September. A third cut by 2025’s close, however, is less likely, according to Fed Chairman Powell.
Daily Archives: October 30, 2025
Macro Briefing: 30 October 2025
The Federal Reserve cut its target interest rate by 1/4 point on Wednesday, as expected, marking the second time this year the central bank has eased policy. Fed Chair Jerome Powell, in a press conference, raised doubts about a third cut at the next FOMC meeting in December. Treasury yields rose sharply in reaction, including the policy-sensitive 2-year yield, which jumped to 3.60%, a three-week high.
