The Fed has cut interest rates by 25 basis points.The bull market can continue. ...

US Federal Reserve cuts interest rates despite government shutdown delaying official datahttps://t.co/1kMBhwzI3i ...

Interest Rate Decisions - The Federal Reserve (Fed) cut the benchmark lending rate by 0.25 percentage point, setting the target range to 3.75%-4% [1] - Two dissents occurred: one favored a 0.5 percentage point cut, and another preferred no change [1] - The Fed's administered rates for interest on reserves and the primary credit rate mechanically decreased by 0.25 percentage point [2] Balance Sheet Adjustments - The Fed will stop redeeming maturing Treasury securities at the end of November, rolling over principal payments going forward [2] - The mortgage cap remains at $35 billion per month, but starting December 1st, all principal payments on maturing agencies will be reinvested in Treasury bills [3] Economic Assessment - Available indicators suggest that economic activity has been expanding at a moderate pace [3] - Job gains have slowed this year, and the unemployment rate has edged up but remained low through August [3] - Downside risks to employment rose in recent months, and uncertainty about the economic outlook remains elevated [4] - There is no change to the Fed's forward guidance; additional adjustments to the target rate will consider many factors [4]

Core Points - The US central bank has cut interest rates for the second time this year, reducing the rate by a quarter of a percentage point to a range of 3.75%-4% [1] - The Federal Reserve's decision to cut rates comes despite the government shutdown, which has frozen non-essential government functions and delayed the release of key economic data [2] - Inflation data showed a 3% increase in September, which is one percentage point above the Fed's 2% target, but lower than economists' expectations, allowing for the rate cut [3] Group 1: Interest Rate Cut - The Federal Reserve has implemented a second interest rate cut this year, responding to pressures from President Trump [1] - The current interest rate is set in a range, differing from the single percentage approach used in the UK [1] Group 2: Economic Data and Assessment - The government shutdown has resulted in the absence of crucial employment figures, complicating the Fed's ability to assess economic conditions [2] - The Fed's dual mandate includes maintaining maximum employment and steady inflation, which is challenged by the lack of data [2] Group 3: Inflation Concerns - Inflation reached 3% in September, exceeding the Fed's target but not as high as anticipated, easing concerns over inflation driven by trade policies [3] - The Fed's decision to cut rates is influenced by the absence of significant inflationary pressures despite ongoing trade tensions [3] Group 4: Political Pressure - President Trump has expressed dissatisfaction with the Fed and its chair, Jerome Powell, even threatening to remove him over rate decisions [5][6] - The political climate surrounding the Fed's independence has been strained due to Trump's actions and comments regarding rate-setting officials [5][6] Group 5: Market Reactions - The anticipation of an interest rate cut has positively impacted US and European stock markets, leading to record highs in major stock indexes [8]

The Fed just cut interest rates by 25 basis points. The second rate cut this year as officials try to shore up a cooling labor market. With the government still shut down, the Fed is essentially flying blind.No jobs report, no retail sales data, not even a full read on GDP. But policy makers leaned on private data, anecdotal surveys that all point to the same thing. Hiring is slowing.This cut was widely expected. Markets had priced it in at nearly 100%. The big question now is whether this move was the last ...

With the market already pricing in a quarter percentage point cut, my next guests are now focusing on the potential end of quantitative tightening. So joining us now are Michael Schumacher, head of macro strategy over at Wells Fargo, and Ross Mayfield, investment strategist over at Baird. Thank you gentlemen both for being here.Michael, we're going to start with you. This is probably one of the more telegraphed rate moves that the Fed has seen and the markets are playing it that way as well. What exactly do ...

With the market already pricing in a quarter percentage point cut, my next guests are now focusing on the potential end of quantitative tightening. So joining us now are Michael Schumacher, head of macro strategy over at Wells Fargo, and Ross Mayfield, investment strategist over at Baird. Thank you gentlemen both for being here.Michael, we're going to start with you. This is probably one of the more telegraphed rate moves that the Fed has seen and the markets are playing it that way as well. What exactly do ...

Federal Reserve cuts interest rates by another quarter point, dropping its benchmark lending rate to the lowest level in three years. https://t.co/cJl0EmrrAd ...

Federal Reserve Lowers Interest Rates Againhttps://t.co/PWypkmu3ZA https://t.co/TT2848ZLed ...

🚨 Breaking: The Federal Reserve just cut rates by 25 bps! ...