Despite former President Donald Trump’s repeated calls for lower interest rates, the U.S. Federal Reserve held rates steady for the fifth straight meeting. The benchmark rate remains unchanged at 4.25% to 4.5%, a level set back in December 2024. But now, all eyes are on the upcoming September 17, 2025, FOMC meeting, and expectations are surging.
Possibilities of Interest Rate Cuts in the US
Just days ago, the probability of a rate cut in September was under 45%. But one key data point changed everything, the unemployment rate ticked up to 4.2%, and previous job numbers were revised significantly lower. This has pushed the market’s rate cut expectations to 80%, reflecting growing belief that the Fed can no longer afford to wait.
“Plenty can…
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