Fed Cuts Rates & Hints at Two More Cuts in 2025: ETFs to Play
ZACKS·2025-09-18 12:01
U.S. stocks ended Wednesday on a mixed note after the Federal Reserve announced its first interest rate cut of 2025. As expected, the Fed cut its benchmark rate by 25 basis points, bringing it to a range of 4.00-4.25%. Fed Chair Jerome Powell described the move as a "risk management cut," citing a softer labor market and sticky inflation, as quoted on Yahoo Finance.Outlook: More Cuts AheadPolicymakers signaled two additional rate reductions this year, which would bring the benchmark down to 3.50-3.75% by De ...