31 Oct 2025 | 5 Mins Read
Powell's comments lower rate-cut hopes
Flipitmoney
The FOMC lowered the federal-funds rate by ¼ percentage point to 3.75%-4.00% on October 29, 2025, with a 10-2 vote. The decision was driven by pressures in money-market rates, a modest cooling in the labour market, and easing inflation. Fed Chair Jerome Powell stated that a December rate cut isn't guaranteed. The rate cut was labelled as 'hawkish', leading to profit-booking in equity markets.