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October 29, 2025US FEDERAL RESERVE MONETARY POLICY At its scheduled Federal Open Market Committee (FOMC) meeting on October 29th, the US Federal Reserve announced that it will cut the target range for the federal funds rate by 0.25 percentage points to a range of 3.75% to 4.0%.
The Committee notes that based on available data, growth of economic activity has been expanding at a moderate pace. Job gains have slowed, and the unemployment rate has edged up but remained low through August. Inflation has moved up and remains somewhat elevated. Uncertainty about the economic outlook remains elevated, and the Committee remains attentive to the risks on both sides of its dual mandate and judges that downside risks to employment have risen.
The Committee will conclude the reduction of its aggregate securities holdings on December 1.
The Committee seeks to achieve maximum employment and returning inflation to 2% over the long run. The Committee will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments to achieve its goals.
The next scheduled FOMC meeting will be held on December 9-10, 2025.
Source: US Federal Reserve, FOMC Press Release
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