The US Federal Reserve lowered its base rate for the third time in a row
Following the meeting, the US Federal Reserve lowered its base rate to 3.5–3.75% per annum. This was announced on December 10 in a statement posted on the regulator's website.
As noted in the FOMC, the decision was made "in light of the changing balance of risks" and in support of price stability goals. The committee indicated that the target range for federal funds has been reduced by 0.25 percentage points. The US GDP growth forecast for 2025 was also raised to 1.7%, and the inflation forecast was adjusted to 2.9%. The forecast for the unemployment rate remained at 4.5%.
The regulator also said that it has not yet determined the forecast range of the rate for 2026, but expects its subsequent reduction.
Earlier, on December 8, it was reported that participants in the digital currency market are ready to move from the phase of waiting for the Fed's decisions to a "strength test." Experts noted that the reaction of the crypto market will depend not so much on the rate cut itself, but on signals about future monetary policy, including possible easing in 2026. At the same time, it was emphasized that steady inflows into spot ETFs and strong positions of long-term investors support the market amid high volatility.
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