Fed signals 2 more cuts in 2025, raises GDP forecast for the year
Yahoo Finance·2025-09-17 18:30
The Federal Reserve's latest "dot plot," which outlines policymakers' interest rate projections, now signals two additional rate cuts in 2025, on top of the quarter-point move announced Wednesday. That path would bring the benchmark rate down to a range of 3.5%-3.75% by year-end. On Wednesday, the Fed lowered its benchmark rate by 0.25 percentage points to a range of 4%-4.25%, marking its first cut of the year. Back in June, officials had penciled in two cuts in total, which would have taken the benchmar ...