Federal Reserve
Federal Reserve Delivers Second 'Insurance' Cut of 2025, Shaking Up Consumer Finances Amidst Economic Headwinds
The Federal Reserve, in a closely watched move on October 29, 2025, lowered its benchmark federal funds rate by 25 basis points, bringing the new target range to 3.75% to 4%. This marks the second such reduction this year, a decision Fed officials have characterized as "insurance"