Fed Cuts by 25 bps, Signals Slower Pace in 2025

The Federal Reserve Open Market Committee (FOMC) cut the federal funds rate to the 4.25% to 4.50% range and announced it would continue its balance sheet runoff. The Fed maintained its language on growth and inflation, stating “economic activity has continued to expand at a solid pace”, that the “labor market conditions have generally eased” […]

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