US Fed Meeting 2025 LIVE: Jerome Powell-led FOMC Cuts Key Interest Rate Amid Inflation Concerns

US Fed Meeting 2025 LIVE: The Jerome Powell-led United States Federal Reserve (US Fed) announced a 25 basis point interest rate cut to the range of 3.75-4.00% after its two-day policy meeting 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.