LIVE: Fed Chair Powell Speaks After Cutting Rates by 25 Basis Points
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LIVE: Fed Chair Powell Speaks After Cutting Rates by 25 Basis Points
Federal Reserve officials delivered a third consecutive interest-rate reduction, lowering the benchmark federal funds rate to a range of 3.5%-3.75%. Chair Jerome Powell speaks in Washington. https://www.bloomberg.com/news/live-blog/2025-12-10/fed-rate-decision-and-powell-news-conference?srnd=homepage-americas
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The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years: between 3.5% and 3.75%. https://cbsn.ws/4q3gLdc | CBS News
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