Federal Reserve Decision Full Text: Cut Interest Rates by 25 Basis Points, Two More Cuts Expected This Year

On Thursday, September 18, the Federal Reserve announced a cut of 25 basis points, lowering the target range for the federal funds rate to 4%-4.25%, restarting the rate cut that had been paused since last December. New Federal Reserve Governor Milan cast a dissenting vote, supporting a 50 basis point cut.

The dot plot shows that among the 19 officials, 9 expect two more rate cuts in 2025, two expect one rate cut, and six expect no further cuts. $BTC #美联储重启降息步伐