Fed Lowers Interest Rates Amid Trump-Era Uncertainty and Inflation Concerns

The US Federal Reserve has cut its key interest rate to a range of 4.5%-4.75% amid uncertainty following Donald Trump's election as president. This marks the second consecutive rate cut, reflecting progress in stabilizing inflation, which stood at 2.4% in September. However, Trump's proposed policies on tax cuts, immigration, and tariffs could impact inflation and government borrowing, complicating future rate expectations. The Fed remains focused on maintaining stable prices and a healthy job market.