The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to between 4.00% and 4.25% on the 17th local time, marking the first rate cut by the Fed since 2025 and the first after three cuts in 2024. Following this news, investors began assessing the Fed’s rate decision and outlook, causing fluctuations in the stock market. Meanwhile, concerns about whether the Fed can maintain its independence have resurfaced.
Fed Cuts Rates by 25 Basis Points in Attempt to Maintain Independence
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