FOMC Meeting: Federal Reserve Lowers Interest Rates by 25 Bps in Second Cut of the Year

The U.S. Federal Reserve has announced a further reduction in its interest rates, implementing a 25 basis point cut. This marks the second such reduction in 2025, signaling a continued shift in monetary policy. Investors are now keenly awaiting a speech from Federal Reserve Chair Jerome Powell, seeking further insights into the central bank's future policy direction.