The Fed's Decision Is Here

Posted • December 10, 2025: The Federal Reserve Board voted to cut interest rates by another quarter-point, for the third month in a row. However, they seemed very unwilling to do more, as they are internally divided over which problem is worse, inflation or the job market. Federal Reserve Cuts Interest Rates by 25 Basis Points for the Third Consecutive Meeting, Lowering Target Range to 3.50%–3.75% —— “Fed policymakers voted to lower the benchmark federal funds rate by 25 basis points to a new range of 3.5% to 3.75%. The move follows rate cuts of that size in September and October, which were the first of the year.” The interest rate was cut to between 3.5 percent and 3.75 percent, a three-year low, and is aimed at protecting against a sharp slowdown in hiring. The vote was 9-3, which is the first time in six years that three officials dissented. Chicago Fed President Austan Goolsbee and Kansas City Fed President Jeff Schmid argued that the reduction wasn’t needed, while Fed governor Stephen Miran favored a larger cut, by half a point.

The cut signals the Fed is more worried about the labor market than it is about inflation. Hiring has cooled in recent months as companies adjust to policy changes in trade and immigration policy. Unemployment sits at around 4.4 percent, and reports indicate weaker payroll gains amid broader economic adjustments. (…)

• More at: Townhall - The Fed's Decision Is Here
https://townhall.com/tipsheet/dmitri-bolt/2025/12/10/fed-decision-n2667675
RedState: Fed Cuts Rates Amid Dissent, Eyes Just One Cut in 2026
https://redstate.com/wardclark/2025/12/10/new-fed-cuts-rates-amid-dissent-eyes-just-one-cut-in-2026-n2197003