Will Fed’s Latest Rate Cut Be Powell’s Last?
Yahoo Finance·2025-12-11 13:01

On Wednesday, the Federal Reserve’s Open Market Committee delivered “no alarms and no surprises,” to quote the Radiohead song, as it cut its key overnight borrowing rate in line with Wall Street’s expectations. After the latest quarter-point reduction to 3.5%-3.75%, however, there’s enough noise around future rate cuts to do the Thom Yorke-led Brit rockers proud. SUBSCRIBE:  Receive more of our free The Daily Upside newsletter. READ ALSO: Oh no, Ozempic! Eli Lilly’s New Weight-Loss Drug KOs Rival Treatme ...