Fed Cuts Rates by 25 Basis Points With Three Dissents

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The Federal Reserve has cut interest rates for a third consecutive meeting by 25 basis points, maintaining their outlook for a single rate cut in 2026, with three committee members dissenting from the decision.

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The Federal Reserve cut rates for a third consecutive meeting and maintained their outlook for just one cut in 2026. The Federal Open Market Committee voted 9-3 Wednesday to lower the benchmark federal funds rate by 25 basis points to a range of 3.5%-3.75%. This time there were three dissents. Bloomberg's Michael McKee reports from Washington. (Source: Bloomberg)

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Original article published by Bloomberg on December 10, 2025.
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