US Fed Meeting 2025 LIVE: The Jerome Powell-led US Federal Reserve announced a 25 basis point interest rate cut to the range of 3.75%-4.00% after its two-day policy meeting ended on Wednesday, 29 October 2025.
The US Federal Reserve also said that the central bank will now be focusing on the balance of risk in the US economy, along with the evolving outlook and the incoming data, to further decide on the future route of the key interest rates.
“In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 per cent,” said the US Fed’s FOMC in its official statement.
The October US Fed policy decision comes amid elevated consumer inflation in the country, where the CPI data rose to 3% in 12-month-ended on September 2025, compared to its earlier level of 2.9% in August 2025.
What happened in September 2025 policy outcome?
In the US Fed’s September policy outcome announced on 17 September 2025, the central bank decided to cut the key benchmark interest rate to the range of 4.00% to 4.25%, marking a 25 basis point rate cut.
The September 2025 rate cut marked the first interest rate reduction since December 2024, and also the first one since US President Donald Trump made his White House comeback earlier this year.
The US Fed’s rate cut in September also raised the market’s expectations that the central bank will reduce its key lending rates further in 2025, despite the ‘somewhat elevated’ level of inflation in the American economy.
Follow all updates related to the US Fed’s outcome at Mint.