Urgent 🚨 | The Federal Reserve is preparing to cut interest rates for the first time since last December under pressure from Trump and falling inflation
◾ After months of economic debate and increasing pressure from U.S. President Donald Trump 🇺🇸, the Federal Reserve is set to announce an interest rate cut today, Wednesday.
📉 It is widely expected that the Fed will lower the target range for the main interest rate by 0.25 percentage points to between 4% and 4.25% — the lowest level since late 2022.
📌 This cut will be the first since December 2024, and it is likely to mark the beginning of a new cycle of cuts in the coming months, aimed at reducing borrowing costs and supporting economic activity.
⚖️ The decision is not surprising in light of the significant decline in inflation compared to its peak after the pandemic, which prompted the central bank to raise rates sharply in 2022.