Fed Reserve cuts interest rates
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Federal Reserve is set to deliver one of the most closely watched policy decisions of 2025 today, September 17. Markets are bracing for the central banks first interest rate cut of the year, with Wall Street widely expecting a 25-basis-point reduction in the federal funds rate.
The US Federal Reserve is widely expected to announce its first interest rate cut of 2025 on September 17 with several participants aiming a quarter percentage point (25 basis points) reduction, bringing the federal funds rate to a range of about 4.
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The benchmark 10-year Treasury yield was little changed at almost 4.03% on Wednesday, ahead of the Federal Reserve's policy announcement in the afternoon. However, a wider-than-average intraday trading range may be in store by the end of the day.