Federal Reserve Pulls the Trigger on a Quarter-Point Cut

The Federal Reserve lowered the federal funds rate by a quarter point on Dec. 10, 2025, matching what CME futures, Polymarket, and Kalshi bettors had been signaling for weeks. The U.S. central banks widely anticipated move drops the target range to 3.5%-3.75%, a shift officials tied to evolving risks across the economy and persistent uncertainty []