In a move to support a labor market showing signs of cooling, the U.S. Federal Reserve decided on Dec. 10, 2025, to lower the nation’s interest rate benchmark by 25 basis points, marking the third reduction this year. Following similar cuts in September and October, the federal funds rate now sits in a lower target range of 3.50-3.75%.This move, which brought U.S. borrowing costs to their lowest level since 2022, has created a highly favorable environment for capital-intensive sectors such as utilities, whi ...