WASHINGTON: A record of the Federal Reserve’s (Fed) December 2025 meeting shows most officials see additional interest rate cuts as appropriate if inflation declines over time as expected. Yet, some officials made clear they believe rates should remain on hold “for some time” after the December gathering. But they included a small change in their post-meeting statement that suggested officials were less certain about when the FOMC might cut rates again. Six officials signalled their opposition to the rate reduction by recommending the benchmark rate should stand at 3.75% to 4% at the end of 2025 – where it stood before the December meeting. In addition, the median projection pointed to one rate cut in 2026, though individual projections ranged widely.

Source: The Star January 01, 2026 11:04 UTC