The Federal Reserve lowered interest rates by a quarter percentage point on Dec. 10, 2025, marking its third cut of the year, and hinted at an additional reduction in 2026. The move brings the benchmark federal funds rate to a range of 3.5% to 3.75% after a closely divided vote among policymakers, as mentioned in Yahoo Finance.Alan Blinder, former Fed vice chair and Princeton economist, already acknowledged the difficulty of the rate cut call earlier this week, predicted before the meeting’s decision that i ...