October 30, 2025 9:03 AM
170
US Federal Reserve Cuts Key Lending Rate to 3.75–4 Percent
The US Federal Reserve has lowered the target for its key lending rate by 0.25 percentage points, putting it in a range of 3.75 percent to 4 percent. The central bank pushed forward with an interest rate cut as inflation fears continue to take a backseat to concerns about a stalling labour marke...