FOMC slashed the federal funds rate by 0.25%
It has a twin impact opportunity and a sense of caution The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee [FOMC] in its statement on October 29, 2025: The Board of Governors of the Federal Reserve System voted unanimously to lower the interest rate paid on reserve balances to 3.90 percent, effective October 30, 2025. As part of its policy decision, the Federal Open Market Committee voted to direct the Open Market Desk at the Federal Reserve Bank of New York, until instructed. Otherwise, to execute transactions in the System Open Market Account in accordance with the following domestic policy directive; Effective October 30, 2025, the Federal Open Market Committee directs the Desk to, available indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged...