Federal Reserve cuts interest rates by 25 basis points

December 19｜The Federal Reserve lowered the benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, marking the third consecutive rate cut as expected. In this year's eight decisions, the Federal Reserve has cumulatively cut rates by 100 basis points, including one cut of 50 basis points, two cuts of 25 basis points, and five times maintaining the interest rate unchanged.