Federal Reserve System, rate cut
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The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
BI's economy team will share highlights from the Fed's meeting and explains the implications for your wallet.
The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.
Bond traders are betting on a shallower path of Federal Reserve interest-rate cuts in the year ahead, part of a global move to wager that major central banks will slow or halt their monetary easing.
Bitcoin prices approached the $95,000 level today as speculation surrounding Federal Reserve policy combined with other bullish factors to fuel gains.
The comments appeared to signal a new attempt by Mr. Trump to browbeat the nation’s central bank into lowering interest rates. The timing was hardly coincidental, as the Fed began its two-day, rate-setting meeting on Tuesday, with the final decision set to be unveiled on Wednesday.
Gold gained on Tuesday as traders remained optimistic ahead of the U.S. Federal Reserve's interest rate decision, while silver rose to hit an unprecedented $60 per ounce milestone amid supply constraints.
The benchmark Federal Funds Rate, which controls the cost of short-term borrowing like credit cards and auto loans, currently is 3.75% to 4%. The FOMC held the rate steady for most of the year. This “wait-and-see” approach was driven by caution over tariff inflation and trade policy.