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2025-09-17 15:32:23
The Federal Reserve is expected to initiate rate cuts at its September meeting, possibly by 25 basis points. ⑴ The market generally expects the Federal Reserve to cut interest rates by 25 basis points at its September meeting, lowering the target range for the federal funds rate to 4.00%-4.25%. This would be the first rate cut since December of last year. ⑵ This move is based on the continued cooling of the labor market, with wage growth remaining below 100,000 for four consecutive months and inflation accelerating to 2.9% in August. ⑶ Despite Trump's public calls for "substantial rate cuts," market expectations for a 50 basis point cut remain limited. ⑷ The Fed will also release updated economic projections and its dot plot, with the market anticipating at least two more rate cuts (each 25 basis points) before the end of the year. ⑸ A US appeals court rejected Trump's attempt to remove Federal Reserve Board Governor Lisa Cook, and Stephen Milan was confirmed to the Board by the Senate on Monday evening.
