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Federal Reserve Drops Policy Rate 25 Basis Points to 4.0%-4.25%

Federal Reserve Drops Policy Rate 25 Basis Points to 4.0%-4.25%

What the September FOMC meeting statement said The Federal Reserve’s Open Market Committee (FOMC), the rate-setting body that meets roughly eight times per year, cut the Federal Funds rate by 25 basis points at its September meeting. This marks the first move since December 2024 and brings the rate from a range of 4.25 to

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