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Thursday, October 30, 2025Interest Rate Update - Fed Lowers Rate
The Fed delivered on market expectations with a second consecutive 25 bp cut to the Fed Funds rate. The big surprise at the meeting was two voting member dissents in both directions. Recent addition Steven Miran dissented in favor of a 50 bp cut while Kansas City Fed President Jeff Schimd voted in favor of a hold at this meeting. This highlights the growing disagreement among Fed members on the forward path for rate policy. Fed Chair Powell pushed back on market expectations for another 25 bp cut at the
