December 11, 2025 8:59 AM
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US Federal Reserve cuts its benchmark interest rate by 0.25 percentage points
US Federal Reserve has cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level since early 2022. The new target range now stands at 3.5 to 3.75 percent, down from 3.75 to 4 percent. This is the Fed’s third consecutive rate cut since Septembe...