Thursday, December 11, 2025

Fed cuts interest rates again on higher unemployment and slowing job gains

Fed cuts interest rates again: What's next for mortgages, credit cards

Snippet of Article: "...Dec. 10, the nation's central bank cut short-term interest rates by a quarter percentage point. The Fed's December rate cut drove the short-term federal funds rate to a target range of 3.5% to 3.75%. The Fed noted in its statement that "job gains have slowed this year, and the unemployment rate has edged up through September. ..."

Source: Detroit Free Press

Fed Rate Cut December 2025,Higher unemployment and slowing job gains (Dec. 2025 Fed Rate Cut Reasoning),