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Benzinga
Benzinga
Business
Piero Cingari

The Rate Cut Trump Wanted Is Here — And Fed Hints More May Follow

US Federal Reserve Donald Trump the Federal Reserve Inflation Unemployment
fed ai

After months of mounting pressure from President Donald Trump, the Federal Reserve on Wednesday cut its benchmark interest rate by 25 basis points to 4.00%-4.25%, delivering a widely expected move that ends a nine-month policy pause.

This marks the fourth cut in the current easing cycle – following moves in September, November and December 2024 – with policymakers signaling that further easing may follow.

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