Federal Reserve to cut interest rates by 0.25% on October 29, 2025, and another 0.25% in December 2025, bringing the Fed funds rate to 3.75% by year-end.
"they're going to cut interest rates by 0.25% on October 29th. And then they're going to cut interest rates again by another 0.25% 25% in December, bringing the Fed funds interest rate down from the current 4.2.5% to the projected 3.75%."