On the 10th local time, the US Federal Reserve ended a two-day monetary policy meeting and announced that it would lower the federal funds rate target range by 25 basis points to between 3.50% and 3.75%. This is the third time the Federal Reserve has cut interest rates this year, and the sixth since September 2024. The economic outlook is highly uncertain, and the downside risk of employment is increasing. On the 10th, the Federal Open Market Committee, the decision-making body of the Federal Reserve, issued a statement after the meeting saying that current indicators show that US economic activity has been expanding at a moderate pace. Employment growth has slowed this year, the unemployment rate has risen slightly, and the inflation rate has risen since the beginning of the year, and is still at a high level. Uncertainty about the economic outlook remains high, and the downside risks facing employment have increased in recent months. In view of changes in risk balance, it was decided to lower the federal funds rate target range by 25 basis points. Previously, Federal Reserve officials disagreed on the impact of the tariff policy on inflation and whether to cut interest rates further in December, but worsening US job market data boosted expectations of interest rate cuts.

On the 10th local time, the US Federal Reserve ended a two-day monetary policy meeting and announced that it would lower the federal funds rate target range by 25 basis points to between 3.50% and 3.75%. This is the third time the Federal Reserve has cut interest rates this year, and the sixth since September 2024. The economic outlook is highly uncertain, and the downside risk of employment is increasing. On the 10th, the Federal Open Market Committee, the decision-making body of the Federal Reserve, issued a statement after the meeting saying that current indicators show that US economic activity has been expanding at a moderate pace. Employment growth has slowed this year, the unemployment rate has risen slightly, and the inflation rate has risen since the beginning of the year, and is still at a high level. Uncertainty about the economic outlook remains high, and the downside risks facing employment have increased in recent months. In view of changes in risk balance, it was decided to lower the federal funds rate target range by 25 basis points. Previously, Federal Reserve officials disagreed on the impact of the tariff policy on inflation and whether to cut interest rates further in December, but worsening US job market data boosted expectations of interest rate cuts.