18/09/2025 – US inflation: the Fed cuts rates seven months after its last move – Read the other news
EQUITY: Europe on the rise after the latest Fed meeting. Yesterday evening, the US Central Bank cut rates by 25 basis points, bringing them to 4.00–4.25%, as expected for days. The decision saw broad agreement among the board, with the exception of the new pro-Trump governor Miran, who favored a more decisive cut of 50 basis points. The institution is partly divided on its next moves, with a narrow majority in favor of two more cuts before the end of the year. Chairman Jerome Powell then said he was concerned about the latest US employment data, but not about the state of the economy in general, and that the data-driven approach would be maintained in future meetings.