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Fed approves quarter-point interest rate cut and sees two more coming this yearwww.cnbc.com/2025/09/17/fed-rate-decision-september-2025.html
480 sats \ 6 comments \ @Coinsreporter 4h econ
The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market.
In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.
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41 sats \ 1 reply \ @grayruby 3h
Uh oh better sell my 2 rate cuts shares.
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40 sats \ 0 replies \ @Coinsreporter OP 3h
Why not ...sell mine tooo.
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41 sats \ 0 replies \ @Scoresby 4h
Fed press release
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21 sats \ 0 replies \ @Solomonsatoshi 1h
All the tertiary level monetary leverage and debasement cannot rescue an economy that has for decades ignored investment in productive infrastructure, skills and machinery. China now builds robots, PVs and lithium batteries at half the cost any competitor can and produces nearly all the refined rare earths. The west got deluded that financialisation creates wealth when it is productivity of goods and services that creates real wealth and prosperity. The US has lost control of so many strategic supply chains it is now subservient to China. The debt bomb that has been built up over 4 decades of neoliberal financialisation is now reaching critical mass and if interest rates on USTs go over 5% it implodes. Rate cuts and tariffs cannot fix the structural damage of 4 decades of neoliberal voodoo economics.
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0 sats \ 0 replies \ @Msd0457890 2h
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0 sats \ 0 replies \ @SimpleStacker 2h
BRRRRRR
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