Policymakers shared their policy outlook for 2026.Federal Reserve Chair Jerome Powell speaks at a news conference following the Federal Open Market Committee (FOMC) meeting in Washington on Oct. 29, 2025. Madalina Kilroy/The Epoch Times12/10/2025|Updated: 12/10/2025The Federal Reserve followed through on a widely expected quarter-point interest rate cut at the final policy meeting of 2025.Members of the Federal Open Market Committee voted 9 to 3 to lower the benchmark federal funds rate to a new target of 3.5 percent to 3.75 percent.Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected Articles
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