Monetary policy – One America News Network

TOPSHOT - A view of the New York Stock Exchange (NYSE) and Christmas tree on December 5, 2025 in New York City. (Photo by ANGELA WEISS / AFP via Getty Images)

Fed. Reserve cuts rate another quarter-point

The Federal Reserve’s Federal Open Market Committee (FOMC) announced on Wednesday that it would lower the target range for the federal funds rate by 25 basis points, a quarter-point cut, to 3.50%–3.75%.

WASHINGTON, DC - OCTOBER 29: Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC. For the second straight month, Powell announced a quarter-point cut to the federal funds rate, bringing rates down to a new range of 3.75 percent to 4 percent. (Photo by Alex Wong/Getty Images)

Fed cuts interest rates to lowest level in 3 years

The Federal Reserve cut its benchmark interest rate to its lowest level in three years, lowering the federal funds rate target range by 0.25 percentage point to 3.75%–4.00%.

(Background) WASHINGTON, DC - OCTOBER 7: People pass outside the U.S. Supreme Court on October 7, 2024 in Washington, DC. The new Supreme Court term starts as the justices of the country's highest court return from summer break with new cases on the docket and the possibility that emergency election-related cases could arise in the coming weeks as the presidential election looms in the distance. (Photo by Kent Nishimura/Getty Images) / (Center) WASHINGTON, DC - JUNE 21: Lisa DeNell Cook, nominee to be a member of the Board of Governors of the Federal Reserve System, is sworn in during a Senate Banking nominations hearing on June 21, 2023 in Washington, DC. If confirmed, Cook would be the first Black woman to sit on the Board of Governors in its 108-year history. (Photo by Drew Angerer/Getty Images)

SCOTUS postpones decision on whether Trump admin can remove Fed. Reserve member Lisa Cook, agreeing to hear oral arguments next year

The Supreme Court on Wednesday postponed a decision on whether President Donald Trump can immediately remove Federal Reserve board member Lisa Cook, instead agreeing to hear oral arguments in the case early next year.