Most Economists Expect Fed to Cut Rates Oct. 29

A new Reuters poll reveals that 115 out of 117 economists expect the U.S. Federal Reserve to cut interest rates by 25 basis points (bps) during its upcoming meeting on October 29. The overwhelming consensus suggests strong market expectations that the Fed will act to stimulate the economy as inflation pressures ease and growth concerns persist.

The Fed’s potential rate cut comes at a critical moment. Although inflation has slowed in recent months, uncertainty around global growth, job markets, and geopolitical risks has increased. A 25 bps cut would be a proactive step to maintain economic momentum while addressing these headwinds.

Lower interest rates generally reduce the cost of borrowing, encourage consumer spending, and can even support equity and crypto markets. For investors, this move may signal a more dovish stance by the Fed heading into the final months of 2025.

Potential Market Reactions and Crypto Impact

Markets are already pricing in the likelihood of a rate cut, with bond yields dropping and stock indexes showing cautious optimism. In the crypto space, rate cuts often boost risk appetite, especially for assets like Bitcoin and Ethereum, which tend to benefit from looser monetary policy.

While the Fed hasn’t officially confirmed its decision, the near-unanimous view among economists adds weight to the expectation. If the Fed follows through, it could mark a significant turning point for markets in Q4 2025.

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  115 of 117 economists forecast a 25 bps rate cut.
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  Fed decision expected on October 29.
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  Rate cut could impact markets and crypto sentiment.