📢 FED UPDATE: OFFICIAL RATE CUT
The US Federal Reserve has cut its benchmark interest rate by 25 basis points, bringing the target range to 3.75 % – 4.00 %.
Key points:
The Fed cited elevated uncertainty about the economic outlook.
It will stop shrinking its balance sheet starting December, stabilizing liquidity.
No commitment yet on the size or timing of the next rate cut.
⚠️ Note: This is official policy info, not financial advice. Always do your own research before making investment decisions.