US Fed Cuts Rates 0.25% to 2022 Low; Future Pace Uncertain

• US Federal Reserve cut interest rates by 0.25%, as anticipated by the market.
• This marks the third consecutive rate cut by the Fed.
• The decision to cut rates passed with a 9-3 vote, showing internal disagreement.
• Current interest rates have reached their lowest level since 2022.
• The Fed suggested that the pace of future rate cuts might slow down.

Why It Matters: US Fed's third rate cut to 2022 low signals slower future reductions.