The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...
The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.