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International Business Times
International Business Times
Business

US Fed Poised For First Rate Cut Of 2025 As Political Tension Mounts

The Federal Reserve is widely expected to make a 25 basis points rate cut at the end of its two-day policy meeting in September (Credit: AFP)

The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering.

The Fed's likely move would follow a monthslong push from President Donald Trump to slash rates, and comes amid growing concern about political pressure on the independent central bank.

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