## US Federal Reserve Meeting 2025: Key Decisions and Market Reactions This report summarizes the key outcomes and market reactions from the US Federal Reserve's (Fed) September 2025 policy meeting, as reported by **mint** on September 18, 2025. ### 1. Key News Metadata * **News Title/Type:** US Fed Meeting 2025 LIVE: Jerome Powell-led FOMC slashes rates by 25 bps to 4%-4.25%, flags ‘employment risks’ | Stock Market News * **Report Provider/Author:** mint, Authors: Riya R Alex * **Date/Time Period Covered:** Primarily September 17-18, 2025, with references to previous meetings and economic data from August and earlier in 2025. * **News Identifiers:** LIVE updates from the US Fed Meeting. ### 2. Main Findings and Conclusions The Federal Open Market Committee (FOMC), led by Chairman Jerome Powell, decided to **cut benchmark interest rates by 25 basis points (bps)**. This marks the **first rate cut of 2025**. The new target range for the federal funds rate is **4% to 4.25%**. The Fed's decision was based on a careful assessment of its dual mandate: achieving maximum employment and returning inflation to its 2% objective. While inflation has eased from its mid-2022 highs, it remains "somewhat elevated." The labor market is showing signs of softening, with job gains decelerating and the unemployment rate increasing slightly. ### 3. Key Statistics and Metrics * **Interest Rate Cut:** 25 basis points (bps). * **New Benchmark Interest Rate:** 4% - 4.25%. * **FOMC Vote:** 11-1 in favor of the 25 bps cut. * **Dissenting Vote:** Governor Stephen Miran advocated for a 50 bps cut. * **Inflation Projections (Median Fed Projection):** * 2025: 3% * 2026: 2.6% * 2027: 2.1% * The Fed does not anticipate its preferred inflation gauge (PCE inflation) reaching below its 2% target in the next two years. * **Unemployment Data:** * August 2025: 4.3% (up from 4.2% in July). * Job creation in August 2025: 22,000 (a sharp drop from 79,000 in July). * Job creation in the 12 months to March 2025: 911,000 fewer than previously estimated. * Powell's projection for the unemployment rate in September 2025: 4.5%. * **GDP Growth Projections (FOMC Median Participant):** * 2025: 1.6% (revised up from 1.4% in June) * 2026: 1.8% (revised up from 1.6% in June) * 2027: 1.9% (revised up from 1.8% in June) * **Federal Funds Rate Projections (Median Participant):** * End of 2025: 3.6% (25 bps lower than June projection) * End of 2026: 3.4% (25 bps lower than June projection) * End of 2027: 3.1% (25 bps lower than June projection) * **US Treasury Yield:** Moved below 4% after the Fed's announcement. * **Copper Prices:** Hit a one-week low of $9,999 per metric ton on the London Metal Exchange. ### 4. Important Recommendations and Forward Guidance * The Fed will **evaluate incoming data, the evolving outlook, and the balance of risks** to determine if further rate cuts are necessary. * The FOMC hinted at **more rate cuts by the end of the year**. * The Fed will **continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities**. ### 5. Significant Trends or Changes * **Shift to Dovish Stance:** The rate cut and projections for future cuts suggest a marginally dovish policy shift compared to market expectations. * **Softening Labor Market:** A key driver for the rate cut, with job creation slowing and unemployment rising. * **Moderating GDP Growth:** Economic activity has moderated, with GDP rising at a pace of around 1.5% in the first half of the year, down from 2.5%. This moderation is largely attributed to a slowdown in consumer spending. * **Inflation Remains Elevated:** Despite easing, inflation is still above the Fed's 2% target and is projected to remain above it until 2027. * **Dollar Rebounds:** The dollar index rose 0.2% after initially falling to a 2025 low. ### 6. Notable Risks or Concerns * **"Somewhat Elevated Inflation":** The Fed acknowledged that inflation "has moved up and remains somewhat elevated." * **"Growing Downside Risks of Employment":** The Fed warned that downside risks to employment have increased. Powell stated, "I can no longer say" the labor market is "very solid." * **Uncertainty:** Powell acknowledged "great uncertainty" regarding the impact of AI on jobs and stated that "Changes to government policies continue to evolve, and their effects on the economy remain uncertain." * **Challenging Situation:** Powell described the current environment as "challenging" with "no risk-free paths" due to upside risks to inflation and downside risks to employment. * **Impact of Tariffs and Immigration:** Powell noted that while tariffs could be contributing to inflation, the slowing labor market is more significantly influenced by changes in immigration. ### 7. Material Financial Data and Market Reactions * **US Treasury Yields:** Fell below 4% following the Fed's announcement. * **Wall Street Indices:** Ended mixed: * **Dow Jones Industrial Average:** Rose 260.42 points (0.57%) to 46,018.32. * **S&P 500:** Fell 6.41 points (0.10%) to 6,600.35. * **Nasdaq Composite:** Closed 72.63 points (0.32%) lower at 22,261.33. * **Dollar Rebound:** The Bloomberg Dollar Spot Index rose 0.2% after an earlier dip. * **Copper Prices:** Dropped 1.3% to $9,999 a metric ton, indicating market caution ahead of the Fed's decision. * **US Treasuries:** Fell after Powell's cautious comments tempered expectations of aggressive rate cuts. * **Market Reaction to Rate Cut:** The S&P 500 briefly increased, while the Nasdaq declined in choppy trading. ### 8. Notable Statements * **Jerome Powell:** * "It’s challenging to know what to do. There are no risk-free paths now." * "The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 per cent objective." * "Really, since April, to me, the ہیrisks of higher and more persistent inflation have probably become a little less, and that's partly because the labour market has softened, GDP growth has slowed." * "I can no longer say” the labour market is “very solid.” * "Labour demand has softened, and the recent pace of job creation appears to be running below the break-even rate needed to hold the unemployment rate constant." * "The labour market has more to do with immigration than it has to do with tariffs." * "Inflation has eased significantly from its highs in mid 2022 but remains somewhat elevated relative to our 2% longer run goal estimates." * **Abhishek Bisen (Kotak Mutual Fund):** "This is marginally dovish vs expectation and hence the 10 year US Treasury yield moved below 4." ### 9. Contextual Information * **Previous Rate Cut:** The last rate cut was in December 2024, by 25 bps, bringing the rate to 4.25%-4.50%. * **Previous Rate Stance:** In the FOMC's last meeting, rates were kept steady at 4.25%-4.5%. * **US President Trump's Stance:** President Trump had publicly urged the Fed to cut interest rates, calling Powell a "total disaster." * **Fed's Dual Mandate:** The Fed's primary objectives are maximum employment and price stability (inflation at 2%). * **Impact of Rate Cuts:** Generally boosts risk assets like equities, benefits bond investors, and can weaken the dollar.
US Fed Meeting 2025 LIVE: Jerome Powell-led FOMC slashes rates by 25 bps to 4%-4.25%, flags ‘employment risks’ | Stock Market News
Read original at mint →18 Sep 2025, 06:57:56 AM IST US Fed Meeting 2025 LIVE: Fed policy marginally dovish vs expectation: Abhishek Bisen of Kotak Mutual Fund US Fed Meeting 2025 LIVE: With projections for an additional 50 basis points of cuts by year-end and 25 basis points in each of the next two years, the Fed is carefully addressing its dual mandate, despite new Governor Miran’s dissent favoring a 50-basis-point cut.
This is marginally dovish vs expectation and hence the 10 year US Treasury yield moved below 4, said Abhishek Bisen, Fund Manager, Kotak Mutual Fund.18 Sep 2025, 06:35:09 AM IST US Fed Meeting 2025 LIVE: Wall Street indices end mixed after Fed rate cut US Fed Meeting 2025 LIVE: US stock market ended mixed after the US Fed rate cut.
The Dow Jones Industrial Average rose 260.42 points, or 0.57%, to 46,018.32, while the S&P 500 fell 6.41 points, or 0.10%, to 6,600.35. The Nasdaq Composite closed 72.63 points, or 0.32%, lower at 22,261.33.18 Sep 2025, 06:20:04 AM IST US Fed Meeting 2025 LIVE: ‘No rush free path’, says Powell “It’s challenging to know what to do,.
There are no risk-free paths now,,” US Federal Reserve chief Jerome Powell said on Septembe 17, after FOMC officials voted 11-1 to lower borrowing costs. 18 Sep 2025, 06:13:26 AM IST US Fed Meeting 2025 LIVE: US Fed cuts rate for first time in 2025 In its first rate cut in 2025, the US central bank's Federal Open Market Committee (FOMC), led by Chairman Jerome Powell announced a benchmark interest rate cut at 4-4.
25% on September 17. 18 Sep 2025, 02:06:55 AM IST US Fed Meeting 2025 LIVE: Inflation to be over 2% till 2027 US Fed Meeting 2025 LIVE: According to the Fed's median projection, total PCE inflation is expected to be 3 per cent in 2025, falling to 2.6 per cent in 2026 and 2.1 per cent in 2027. As a result, the central bank does not anticipate its preferred inflation gauge reaching below its 2 per cent target in the next two years.
18 Sep 2025, 02:02:37 AM IST US Fed Meeting 2025 LIVE: Fed announces 1st rate cut of 2025 US Fed Meeting 2025 LIVE: The US Fed cut benchmark interest rates by 25 basis points to 4%-4.25% and stated that it will evaluate incoming data, the evolving outlook, and the balance of risks to determine if further rate cuts are necessary.
The committee voted by an 11:1 majority to cut the base interest rate by 25 basis points. The only dissenting vote came from Stephen Miran, who preferred a 50 basis point reduction in the benchmark interest rates.18 Sep 2025, 01:56:18 AM IST US Fed Meeting 2025 LIVE: What does US job data show? US Fed Meeting 2025 LIVE: US unemployment rose to 4.
3% in August, up from 4.2% in July. 22,000 jobs were created in August, a sharp drop from 79,000 in July 2025. Additionally, the US economy created 9,11,000 fewer jobs in the 12 months to March than previously estimated.18 Sep 2025, 01:51:15 AM IST US Fed Meeting 2025 LIVE: Dollar rebounds after 2025 low US Fed Meeting 2025 LIVE: The dollar rebounded after reaching a 2025 low as the Federal Reserve reduced interest rates amid a weakening job market.
The Bloomberg Dollar Spot Index rose 0.2% after falling as much as 0.4% on Wednesday to its lowest point since March 2022. The index fluctuated between gains and losses as Fed Chair Jerome Powell stated that the risk of persistent inflation should be managed, while noting signs of a cooling labour market.
18 Sep 2025, 01:47:03 AM IST US Fed Meeting 2025 LIVE: Fed's FOMC aims for maximum employment and maintain 2% inflation US Fed Meeting 2025 LIVE: “The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 per cent objective,” FOMC said in its statement.18 Sep 2025, 01:43:49 AM IST US Fed Meeting 2025 LIVE: Fed to reduce holdings in Treasury securities US Fed Meeting 2025 LIVE: “The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities,” Fed's policy statement read.
18 Sep 2025, 01:27:43 AM IST US Fed Meeting 2025 LIVE: Fed flags ‘somewhat elevated inflation’ US Fed Meeting 2025 LIVE: The FOMC's post-meeting statement highlighted that inflation has “moved up and remains somewhat elevated,”18 Sep 2025, 01:21:14 AM IST US Fed Meeting 2025 LIVE: Jerome Powell on rate cut US Fed Meeting 2025 LIVE: Jerome Powell said that the Fed was "right to wait and see how tariffs and inflation and the labour market evolved" before lowering rates for the first time in this year.
18 Sep 2025, 01:20:46 AM IST US Fed Meeting 2025 LIVE: Jerome Powell on a rate cut US Fed Meeting 2025 LIVE: Jerome Powell said that the Fed was "right to wait and see how tariffs and inflation and the labour market evolved" before lowering rates for the first time in this year.18 Sep 2025, 01:14:23 AM IST US Fed Meeting 2025 LIVE: “I can no longer say” the labour market is “very solid," says Powell US Fed Meeting 2025 LIVE: Regarding the job market, Powell said, “Labour demand has softened, and the recent pace of job creation appears to be running below the break-even rate needed to hold the unemployment rate constant."
He added, “I can no longer say” the labour market is “very solid.”18 Sep 2025, 01:09:31 AM IST US Fed Meeting 2025 LIVE: Housing sector is at the centre of monetary policy, says Powell US Fed Meeting 2025 LIVE: Speaking on the importance of interest rates for the housing sector, Powell said, “ it is an interest-sensitive activity, so it's at the very centre of monetary policy.
When the pandemic hit and we cut rates to zero, the housing companies were incredibly grateful, and they said that was the only thing that kept them going.”18 Sep 2025, 01:02:47 AM IST US Fed Meeting 2025 LIVE: Powell on reforms in Federal Reserve US Fed Meeting 2025 LIVE: Regarding potential Fed reforms, Powell stated, "We're definitely open to constructive criticism and ways to do our job better."
18 Sep 2025, 01:00:54 AM IST US Fed Meeting 2025 LIVE: US Treasuries slide US Fed Meeting 2025 LIVE: US Treasuries fell after Federal Reserve Chair Jerome Powell’s cautious comments dispelled hopes that the central bank was about to launch a series of aggressive interest rate cuts to boost the economy, reported news agency Bloomberg.
18 Sep 2025, 12:54:57 AM IST US Fed Meeting 2025 LIVE: Markets give mixed reaction after Fed's rate cut US Fed Meeting 2025 LIVE: The S&P 500 briefly increased while the Nasdaq declined in choppy trading on Wednesday, after the Federal Reserve cut interest rates by 25 basis points, in line with expectations, Reuters reported.
18 Sep 2025, 12:52:04 AM IST US Fed Meeting 2025 LIVE: FOMC's growth projection US Fed Meeting 2025 LIVE: The FOMC economic projections show that the median participant expects US GDP to grow by 1.6 per cent this year, 1.8 per cent in 2026, and 1.9 per cent in 2027, slightly higher than projected in June.
Based on the June forecast, the US GDP was expected to grow by 1.4 per cent in 2025, 1.6 per cent in 2026, and 1.8 per cent in 2027.18 Sep 2025, 12:47:15 AM IST US Fed Meeting 2025 LIVE: More rate cuts expected US Fed Meeting 2025 LIVE: The FOMC hinted at more rate cuts by the end of the year. However, the central bank reaffirmed that it will evaluate incoming data and changing circumstances before implementing further rate reductions in the coming months."
The median participant projects that the appropriate level of the federal funds rate will be 3.6 per cent at the end of this year, 3.4 per cent at the end of 2026, and 3.1 per cent at the end of 2027. This path is 1/4 percentage point (25 bps) lower than projected in June," Powell said.18 Sep 2025, 12:43:18 AM IST US Fed Meeting 2025 LIVE: Powell on inflation and employment US Fed Meeting 2025 LIVE: Addressing inflation and employment, Jerome Powell said, "In the near term, risks to inflation are tilted to the upside and risks to employment to the downside, a challenging situation" for monetary policymakers.
He said “labour demand has softened and the recent pace of job creation appears to be running below the break-even rate needed to hold the unemployment rate constant,”adding "the marked slowing in both the supply of and demand for workers is unusual."18 Sep 2025, 12:39:57 AM IST US Fed Meeting 2025 LIVE: Data from BLS is ‘good enough’, says Powell US Fed Meeting 2025 LIVE: Amid concerns raised by US President Donald Trump over the legitimacy of jobs data, Federal Reserve Chair Jerome Powell said the data the central bank gets from the Bureau of Labour Statistics remains “good enough to do our work”.
18 Sep 2025, 12:34:08 AM IST US Fed Meeting 2025 LIVE: Is AI affecting the job market? Powell answers US Fed Meeting 2025 LIVE: Powell said that there is “great uncertainty” over AI replacing jobs. 18 Sep 2025, 12:30:50 AM IST US Fed Meeting 2025 LIVE: Upside risks to inflation have faded a bit, says Powell US Fed Meeting 2025 LIVE: Federal Reserve Chair Jerome Powell stated on Wednesday that some of the economy's more severe inflationary concerns have diminished."
Really, since April, to me, the risks of higher and more persistent inflation have probably become a little less, and that's partly because the labour market has softened, GDP growth has slowed," Powell said at a press conference after the latest Federal Open Market Committee meeting.18 Sep 2025, 12:26:49 AM IST US Fed Meeting 2025 LIVE: Powell opens up on central bank's independence amid political pressure under Trump admin US Fed Meeting 2025 LIVE: Jerome Powell highlighted Fed's freedom amid political pressure and said, “it's deeply in our culture to do to do our work based on the incoming data and and never consider anything else.
That's just, everybody who's at the Fed really feels strongly about that way. So you know, you'll know it by the way we talk about what we're doing, by the speeches that people give, by the decisions that we make. You'll know that we're just still going to do that. That's all we do, and we don't. We don't frame these questions at all, or see them in terms of political outcomes.
”18 Sep 2025, 12:23:13 AM IST US Fed Meeting 2025 LIVE: Impact of immigration on labour market US Fed Meeting 2025 LIVE: Powell highlighted the impact of immigration on the labour market and said, “the labour market has more to do with immigration than it has to do with tariffs. So I wouldn't say that all of what's happening in the labour market is due to tariffs.
I mean, you can clearly have a slowing in due to immigration. You clearly have a slowing in demand, which is now perhaps more than that in supply.”18 Sep 2025, 12:17:48 AM IST US Fed Meeting 2025 LIVE: Are tariffs the reason why the labour market slowed down? US Fed Meeting 2025 LIVE: Speaking on the relation between tariffs and the labour market, Powell said, “You know, it's certainly possible.
We're beginning to see, we have begun to see goods prices showing through into higher inflation.”He added, “it's also possible and that there may be effects on unemployment, but that, I would say, if you're looking at why employment is doing what it's doing, that's much more about the change in immigration.
”18 Sep 2025, 12:10:24 AM IST US Fed Meeting 2025 LIVE: Impact of changing govt policies remains uncertain, says Powell. US Fed Meeting 2025 LIVE: Jerome Powell said, “Changes to government policies continue to evolve, and their effects on the economy remain uncertain.”18 Sep 2025, 12:08:28 AM IST US Fed Meeting 2025 LIVE: Powell on inflation US Fed Meeting 2025 LIVE: Speaking on the inflation data, Powell noted, “Inflation has eased significantly from its highs in mid 2022 but remains somewhat elevated relative to our 2% longer run goal estimates.
”18 Sep 2025, 12:05:41 AM IST US Fed Meeting 2025 LIVE: Higher tariffs pushed up prices of some goods US Fed Meeting 2025 LIVE: Powell said that tariff has increased the prices of goods in some sections.18 Sep 2025, 12:05:00 AM IST US Fed Meeting 2025 LIVE: Powell on wage growth US Fed Meeting 2025 LIVE: Powell said, “wage growth has continued to moderate while still outpacing inflation overall.
The market is slowing in both the supply of and demand for workers, which is unusual in this less dynamic and somewhat softer labour market. The downside risks to employment appear to have risen in our Sep median projection for the unemployment rate is 4.5%.”18 Sep 2025, 12:03:41 AM IST US Fed Meeting 2025 LIVE: Moderation in growth due to low consumer spending US Fed Meeting 2025 LIVE: Powell highlighted that the moderation in growth largely reflects a slowdown in consumer spending.
18 Sep 2025, 12:02:40 AM IST US Fed Meeting 2025 LIVE: Moderated GDP growth, says Powell US Fed Meeting 2025 LIVE: Economic activity has moderated GDP growth, GDP rose at a pace of around one and a half percent in the first half of the year, down from 2.5%, says Jerome Powell.18 Sep 2025, 12:01:28 AM IST US Fed Meeting 2025 LIVE: Jerome Powell's speech begins US Fed Meeting 2025 LIVE: Fed chair Jeorme Powell's speech starts.
17 Sep 2025, 11:56:42 PM IST US Fed Meeting 2025 LIVE: Jerome Powell's speech to begin shortly US Fed Meeting 2025 LIVE: Federal Reserve Chairman Jerome Powell's address is expected to begin shortly. The speech will stream on the Fed's official website and its YouTube channel.Jerome Powell will start the press conference at 2:30 p.
m. (EST). For Indians waiting for Powell's announcement, you can tune in to the official broadcast stream at 12:00 midnight (IST).17 Sep 2025, 11:53:59 PM IST US Fed Meeting 2025 LIVE: Fed warns over growing downside risks of employment US Fed Meeting 2025 LIVE: Fed says that the downside risks to employment have increased.
17 Sep 2025, 11:49:36 PM IST US Fed Meeting 2025 LIVE: Who supported 25 bps cut? US Fed Meeting 2025 LIVE: Jerome Powell, John Williams, Michael Barr, Michelle Bowman, Susan Collins, Lisa D. Cook, Austan D Goolsbee, Philip N. Jefferson, Alberto G. Musalem, Jeffrey R. Schmid, and Christopher J. Waller voted for the 25 bps cut.
17 Sep 2025, 11:46:57 PM IST US Fed Meeting 2025 LIVE: Stephen I Miran advocated for a 50 bps cut US Fed Meeting 2025 LIVE: Stephen I. Miran, who recently took the oath of office as a member of the Board of Governors of the Federal Reserve System, dissented to a 25 bps cut. He advocated for a 50 bps cut in interest rates.
17 Sep 2025, 11:43:01 PM IST US Fed Meeting 2025 LIVE: FOMC on US economic data US Fed Meeting 2025 LIVE: Recent indicators suggest that economic growth slowed in the first half of the year, FOMC noted. Job gains have decelerated, and the unemployment rate has increased slightly but stays low. Inflation has risen and remains somewhat high.
17 Sep 2025, 11:40:53 PM IST US Fed Meeting 2025 LIVE: Federal Reserve aims for 2% inflation rate US Fed Meeting 2025 LIVE: The FOMC seeks to achieve maximum employment and inflation at the rate of 2 per cent over the longer run. Uncertainty about the economic outlook remains elevated. 17 Sep 2025, 11:38:16 PM IST US Fed Meeting 2025 LIVE: Federal Reserve slashes interest rates to 4%-4.
25% US Fed Meeting 2025 LIVE: Jerome Powell-led FOMC has decided to cut benchmark interest rates by 25bps to 4%-4.25% in its September 2025 policy meeting.17 Sep 2025, 11:32:06 PM IST US Fed Meeting 2025 LIVE: Federal Reserve cuts interest rates by 25 bps US Fed Meeting 2025 LIVE: Jerome Powell-led FOMC has decided to cut benchmark interest rates in its September 2025 policy meeting.
17 Sep 2025, 11:22:36 PM IST US Fed Meeting 2025 LIVE: Trump asks Federal Reserve to slash interest rates US Fed Meeting 2025 LIVE: In a post on the Truth Social platform, US President Donald Trump asked the Fed to cut the benchmark interest rates“Just out: No Inflation!!! “Too Late” must lower the RATE, BIG, right now.
Powell is a total disaster, who doesn’t have a clue!!!” Trump wrote on September 10.17 Sep 2025, 11:18:06 PM IST US Fed Meeting 2025 LIVE: When was the last rate cut? US Fed Meeting 2025 LIVE: In December 2024, the FOMC slashed the benchmark interest rates by 25 basis points at 4.25% to 4.50%.17 Sep 2025, 11:12:14 PM IST US Fed Meeting 2025 LIVE: Who benefits from a rate cut?
US Fed Meeting 2025 LIVE: When central banks cut interest rates outside of recessions, it typically boosts risk assets—equities increase, bond investors benefit from securing yields, and the dollar often loses value, according to a report by JP Morgan Private Bank.17 Sep 2025, 11:06:50 PM IST US Fed Meeting 2025 LIVE: Few minutes left for Fed's announcement US Fed Meeting 2025 LIVE: FOMC is expected to release the policy decision at 11:30 p.
m. (IST).17 Sep 2025, 10:55:57 PM IST US Fed Meeting 2025 LIVE: What are the current rates? US Fed Meeting 2025 LIVE: In FOMC's last meeting, the US Federal Reserve decided to keep the key benchmark interest rates steady at 4.25% to 4.5%.17 Sep 2025, 10:49:55 PM IST US Fed Meeting 2025 LIVE: When will Jerome Powell give his speech?
US Fed Meeting 2025 LIVE: Jerome Powell will start the press conference at 2:30 p.m. (EST). For Indians waiting for Powell's announcement, you can tune in to the official broadcast stream at 12:00 midnight (IST) after the FOMC releases the policy decision at 11:30 p.m. (IST).17 Sep 2025, 10:42:18 PM IST US Fed Meeting 2025 LIVE: Why is 25 bps rate cut expected?
US Fed Meeting 2025 LIVE: US Fed Meeting 2025 LIVE: Powell earlier hinted that future policy decisions would depend on the state of the labour market. Recent data, however, has shown a decline in the labour market, with hiring slowing, unemployment claims increasing, and the unemployment rate rising.
This is a key reason why investors expect the central bank to cut its benchmark interest rate by a quarter point.17 Sep 2025, 10:28:56 PM IST US Fed Meeting 2025 LIVE: Copper prices hit one-week low ahead of Fed's announcement US Fed Meeting 2025 LIVE: Prices of copper reached a one-week low on Wednesday as traders reduced their positions ahead of the Federal Reserve's decision on US interest rates, while demand from China, the world's top metals consumer, was subdued by the recent rally in copper prices, reported Reuters.
The three-month copper prices on the London Metal Exchange dropped 1.3% to $9,999 a metric ton by 1600 GMT, remaining above the 21-day moving average, which supports it at $9,912.


