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


By Liu YananLi Bo
  • World
  • Thursday, 11 Dec 2025

WASHINGTON, Dec. 10 (Xinhua) -- The U.S. Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis points to 3.5 to 3.75 percent, marking its third rate cut this year.

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