one18
The US Federal Reserve has possibly given what the street was looking for. It kept interest rates unchanged last night but Fed Chair Jerome Powell said that a rate cut in September is "on the table" provided that data continues to be as encouraging as it currently is. Powell did cite progress in bringing inflation down to the Fed's 2% target. The Fed Chair had earlier mentioned that the central bank will not wait for inflation to fall to 2% before it starts cutting rates.
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CNBC TV18•10-12-2025, 20:19

US Fed set for 3rd rate cut to 3.6%; Powell's speech eyed by markets

  • •The US Federal Reserve is set to announce its interest rate decision today/early Thursday (Dec 10, India).
  • •A third consecutive interest rate cut, bringing the benchmark to about 3.6%, is widely anticipated.
  • •Markets are keenly awaiting Fed Chair Jerome Powell's signals on the future policy outlook.
  • •A rate cut could boost global liquidity and foreign inflows, potentially supporting Indian markets.
  • •Indian equity markets experienced a third consecutive day of declines ahead of the Fed's announcement.

Why It Matters: US Fed rate decision impacts global markets and household finances.

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