25 basis point rate cut. The Federal Reserve lowering their benchmark interest rate by a quarter percentage point to a new range of four to four and a quarter percent and signaling two more rate cuts this year. The decision was not unanimous.Newly minted Fed Governor Steven Myron dissented preferring to cut by 50 basis points instead of 25. As for the breakdown for rate projections this year, nine officials seeing three rate cuts in total this year. Six officials seeing one cut, one saw no cuts, and one saw ...

Arab Gulf states, including the UAE and Saudi Arabia, followed the Fed’s first rate cut of the year, easing pressure on credit demand and housing https://t.co/9DGLifyYCd ...

HERE’S THE FED DECISION RECAP (SEPTEMBER 17, 2025):1. FED DELIVERS FIRST RATE CUT OF 2025, LOWERING BY 25 BPS2. MEDIAN PROJECTION SIGNALS 50 BPS MORE CUTS THIS YEAR3. GOVERNOR MIRAN DISSENTS, PUSHING FOR A 50 BPS CUT TODAY4. FED WARNS DOWNSIDE RISKS TO EMPLOYMENT ARE GROWING5. 6 OFFICIALS EXPECT NO FURTHER CUTS IN 20256. 9 OFFICIALS FORECAST TWO MORE CUTS BEFORE YEAR-END ...

🚨REMINDER🚨FOMC RATE DECISION IS LESSTHAN 1 HOUR AWAY. https://t.co/lwv6QBmc3s ...

🇨🇦 TODAY: The Bank of Canada cut its key interest rate by 25 bps to 2.50%. https://t.co/g1Y2pGp2SR ...

The Dow Jones Industrial Average advanced and the Nasdaq fell Wednesday morning, hours before the Federal Reserve is widely expected to cut its benchmark interest rate for the first time this year. https://t.co/CfNUvGDx2e ...

What does today’s Fed rate cuts mean for us? 👀Hear it straight from @aintomega in our recent #Bitget X Space https://t.co/fsFIFQOd8tBitget (@bitgetglobal):https://t.co/x3nMSHXIp6 ...

Leadership & Strategy - Bank of America appointed Dave Athanasiou and Jim Demarr as co-presidents to drive company-wide initiatives focused on long-term growth and returns, overseeing the bank's eight lines of business [1][3] - The leadership change aims to leverage the time of key executives and company-wide initiatives, while allowing business leaders to continue driving progress [5] - Bank of America emphasizes succession planning as a duty to the board, ensuring a pipeline of experienced candidates to run the company in the medium to long term [6] Growth & Efficiency - Bank of America is focused on organic revenue growth, expense efficiency, and the application of technology to drive business [11] - The company aims to close a relative value gap by showcasing its organic growth engine, with projections for earnings growth rates faster than the average company [12][14] - Bank of America is implementing workstreams to drive expense efficiency, implement new technologies, and manage credit risk [9] Investor Relations & Transparency - Bank of America held its first Investor Day in 15 years to showcase the company's current standing, organic growth, and unique initiatives [12][17] - The company aims to provide greater transparency and availability of information to investors, despite potential shifts in reporting frequency [20][22] - Bank of America highlights its competitive position as the largest small business lender and its competitive organic growth rate [16] Employee Investment & Labor Market - Bank of America is increasing its minimum wage to $25 per hour, equating to a $50,000 starting salary, along with enhanced benefits [24][28] - The company is committed to hiring 10,000 military veterans over the next five years and increasing opportunities for community college graduates [26] - Bank of America sees the labor market as more balanced, with turnover rates decreasing due to a career-oriented mindset among employees [30][33] Technology & Headcount - Bank of America is carefully managing headcount, leveraging technology like AI (Erica with 3 billion customer interactions) to improve efficiency [22][35] - The company is redeploying and reskilling employees to focus on high-value tasks that machines cannot perform [42][43] - Bank of America is managing headcount carefully, hiring approximately 1,300 to 1,500 people per month, focusing on talent acquisition from schools, veterans, and community colleges [37] Economic Outlook & Monetary Policy - Bank of America's experts believe the deceleration of growth is due to higher interest rates and uncertainty in tariffs [51] - The company anticipates the economy will grow back out, with next year predicted to be better than this year [53][54] - Bank of America believes the Federal Reserve has to adjust to the inflation picture and be mindful of the inflation side when considering rate cuts [54]

Doesn’t matter what the rate decision is. Lower by end of week. Much lower before month end ...

Analysts are watching whether Trump-appointed Fed governors will back a larger rate cut or instead negotiate for stronger interest-rate clues https://t.co/ZzVjC4kDbJ ...