US Fed Meeting, Dec. 11 -- The United States Federal Reserve's Federal Open Market Committee (FOMC), after its two-day policy meeting, decided to cut the key interest rate by 25 basis points to the range of 3.50% to 3.75%, according to the official statement released on Wednesday, 10 December 2025.

Fed's December rate cut marks the third consecutive time the US central bank has lowered its benchmark interest rates starting from September 2025. The Federal Reserve has cut a total of 75 basis points in 2025, after it kept the interest rates unchanged from December 2024.

Here are five key highlights from the US Federal Reserve's policy decision and Chairman Jerome Powell's speech from 10 December 2025:

Federal Reserve Chairman Jerome Powe...