{"id":21810,"date":"2025-10-29T18:09:25","date_gmt":"2025-10-29T18:09:25","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/29\/us-fed-rate-cut-jerome-powell-reduces-interest-rates-by-another-25-bps-economy-news\/"},"modified":"2025-10-29T18:09:25","modified_gmt":"2025-10-29T18:09:25","slug":"us-fed-rate-cut-jerome-powell-reduces-interest-rates-by-another-25-bps-economy-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/29\/us-fed-rate-cut-jerome-powell-reduces-interest-rates-by-another-25-bps-economy-news\/","title":{"rendered":"US Fed Rate Cut: Jerome Powell Reduces Interest Rates By Another 25 Bps | Economy News"},"content":{"rendered":"


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Last Updated:<\/span>

US Fed Meeting Outcome: In a second consecutive rate cut, the US Federal Reserve on October 29 reduced its key interest rates by another 25 basis points (bps) to 3.75%-4.00%.<\/h2>\n
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US Federal Reserve’s latest interest rate decision.<\/p>\n<\/figure>\n

US Fed Rate Cut, US Fed Meeting Latest News:<\/strong> The US Federal Reserve on October 29 reduced its key interest rates by another 25 basis points (bps) to 3.75%-4.00%. This is the second consecutive rate cut following the last reduction in September 2025, when the US central bank announced a similar 25 bps reduction after a gap of nine months.<\/p>\n

\u201cIn 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 percent,” the Federal Open Market Committee (FOMC) said in a statement on October 29.<\/p>\n

It added that uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment rose in recent months.<\/p>\n

\u201cAvailable indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged up but remained low through August; more recent indicators are consistent with these developments. Inflation has moved up since earlier in the year and remains somewhat elevated,” the FOMC stated.<\/p>\n

US Fed Chairman Jerome Powell will shortly address the media to discuss the latest monetary policy and the state of the economy.<\/p>\n

In September, the US central bank\u2019s officials expected two more cuts this year, according to the \u2018dot plot\u2019.<\/p>\n

The Fed had reduced borrowing costs three times last year till December 2024. But, it then put any further cuts on hold to evaluate the impact of President Donald Trump\u2019s sweeping tariffs on the economy. The US central bank kept its key interest rates unchanged at 4.25%-4.50% for five times in a row till the previous July 2025 policy review.<\/p>\n

Currently, CPI inflation in the US stands at 3%, which was cooler than expected by most analysts. The US Fed targets to bring in the retail inflation rate at 2%.<\/p>\n

US Fed Rate Cut: How Will It Impact Indian Markets?<\/strong><\/p>\n

Currently, the Nifty futures (GIFT Nifty) are trading nearly 90 points lower at 26,166, suggesting a gap-down opening on Thursday.<\/p>\n

For Indian markets, the US Fed rate cut is positive for sectors like IT, pharma, and other export-oriented industries.<\/p>\n

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\"Mohammad<\/figure>\n

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Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Follow News18 on Google<\/a>. Join the fun, play QIK games on News18<\/a>. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
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October 29, 2025, 23:32 IST<\/p>\n<\/div>\n<\/div>\n

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Last Updated:October 29, 2025, 23:38 IST US Fed Meeting Outcome: In a second consecutive rate cut, the US Federal Reserve on October 29 reduced its key interest rates by another 25 basis points (bps) to 3.75%-4.00%. US Federal Reserve’s latest interest rate decision. US Fed Rate Cut, US Fed Meeting Latest News: The US Federal…<\/p>\n","protected":false},"author":1,"featured_media":13522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-21810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/21810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=21810"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/21810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/13522"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=21810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=21810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=21810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}