Fed Cuts Rates by 25bps, Powell Urges Caution on Future Moves | Share Market | Business | ET Now　 #ETNOW

The Federal Reserve has cut interest rates by 25 basis points, bringing its benchmark range down to 3.75%–4% in a 10–2 vote. While the move was widely expected, Chair Jerome Powell cautioned that it’s “too early to assume another cut” in the next meeting.

The Fed also announced plans to end quantitative tightening (QT) in December, even as inflation remains near 3% and employment risks rise. Powell compared the current uncertainty to “driving in fog,” suggesting a more cautious pace of policy action ahead.

With a U.S. government shutdown limiting access to fresh data, analysts expect the December meeting to be pivotal in determining whether the Fed continues easing or pauses amid lingering inflation concerns.

#fomc #jeromepowell #federalreserve #interestrates #useconomy #inflation #marketupdate

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