Federal Reserve Chairman Jerome Powell on Wednesday announced the Fed reduces interest rates by 25 basis points – or 0.25% to 4.25%.
This is the first interest rate reduction in 9 months and it is only a 25 basis point cut.
Breaking: The Fed lowered rates by a quarter point, and officials penciled in cuts at each of two remaining meetings this year https://t.co/5W3WRYPWK9
— The Wall Street Journal (@WSJ) September 17, 2025
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