Key Points The Federal Reserve lowered the benchmark federal funds rate by 0.25%. Three committee members disagreed with the rate cut action. The market is still pricing in two or more interest rate cuts for 2026. These 10 stocks could mint the next wave of millionaires › The Federal Reserve cut interest rates on Wednesday, as was widely expected. Heading into the meeting, there was a roughly 90% probability of a cut to the federal funds rate priced into the markets. The federal funds rate is n ...