Fed Cuts Rate by 25bps Again: Implications for Economy and Markets

2025-10-30

The U.S. Federal Reserve (Fed) announced on October 29, 2025, a 0.25 percentage point reduction in the benchmark interest rate, bringing the range to 3.75%–4.00%. This marks the second rate cut of the year. According to the latest data, as of September 2025, the annual inflation rate was approximately 3%, slightly below market expectations, indicating that inflationary pressures remain but are gradually easing. The main purpose of this rate cut is to support economic activity in response to a slowing labor market and moderating economic growth.

The decision was influenced by multiple factors. In the labor market, the U.S. lost about 32,000 jobs in September 2025, and while the unemployment rate remains low, it has risen slightly. On the price front, annual inflation was below market expectations. Additionally, the government shutdown caused delays in some official data releases, increasing uncertainty in policy decisions. Fed Chair Jerome Powell stated that any future rate cuts would depend on the trajectory of the economy and inflation.

Looking ahead, the current rate cut is expected to lower financing costs and boost economic activity in the short term (1–2 months), potentially reducing mortgage and consumer loan rates. In the medium term (within six months), if the labor market remains weak and data support further easing, the market anticipates that the Fed may cut rates again to stimulate the economy. However, since inflation remains above target, the Fed is expected to remain cautious and maintain policy flexibility. Overall, financial markets may experience short-term volatility, and investors should closely monitor upcoming economic data and policy signals.