Divided US Fed supports rate cut for Q2 2025
A view of the facade as construction continues on the Federal Reserve Board Building during the Federal Open Market Committee meeting on interest rate policy at the Federal Reserve in Washington, DC, U.S., September 17, 2025. — Reuters The U.S. Federal Reserve on Wednesday announced its second straight quarterly interest rate cut to bolster a buoyant labor market, in a move that highlighted growing divisions within its ranks. Policymakers voted 10-2 to cut the bank’s key lending rate to between 3.75 percent and 4 percent, the Fed said in a statement. Opposing the action were Fed Governor Stephen Miran, who












