Fed Cuts Rates Again, Signals It May Be Done for Now

By Elite Contributors
Estimated read time 1 min read
December 13, 2025
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Three officials dissented in opposite directions. Stalled progress on inflation and a cooling job market made for one of the most divided meetings in years.

Federal Reserve officials cut interest rates for a third straight meeting but signaled they might be done for now in the midst of unusual divisions over the path forward.

The decision Wednesday to reduce the benchmark federal-funds rate by a quarter point—to between 3.5% and 3.75%, a three-year low—is aimed at protecting against a sharper than anticipated slowdown in hiring.

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Elite Contributors

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