US Fed poised for first rate cut of 2025 as political tension mounts

Legit | 14-09-2025 01:21pm |

The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering. Analysts now broadly expect a 25 basis points rate cut at the end of its two-day meeting on Wednesday, as hiring slows.

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