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U.S. Fed cuts interest rate by 25 basis points

U.S. Fed cuts interest rate by 25 basis points

Xinhua
17 Sep 2025, 23:45 GMT+

WASHINGTON, Sept. 17 (Xinhua) -- The U.S. Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis points, the first rate cut since December 2024.

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