Fed matches rate cut expectations but 'hawkish' outlook sends dollar soaring

Cuts for 2025 tempered

Linus Uhlig
clock • 3 min read

US central bankers voted to cut the federal funds rate by 25 basis points on Wednesday (18 December), bringing down the Federal Reserve’s benchmark rate to 4.25-4.5%.

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Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

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