At its September meeting today, the Fed lowered its policy rate by 25 basis points to a range of 4.00-4.25%. The bank announced that it anticipates two additional rate cuts in 2025. The new economic projections included notable revisions to the FED's interest rate, inflation, growth and unemployment expectations: Interest Rate Projections (Year-End) 2025: 3.675% (previous 3.875%) 2026: 3.375% (unchanged) 2027: 3.125% (previous 3.375%) 2028: 3.125% (first estimate) Long-term: 3.125% (previously 3.00%) Inflation (PCE) 2025: 3.0% (unchanged) 2026: 2.6% (previous 2.4%) 2027: 2.1% (unchanged) 2028: 2.0% (first estimate) Core Inflation (Core PCE) 2025: 3.1% (unchanged) 2026: 2.6% (previous 2.4%) 2027: 2.1% (previous 2.3%) 2028: 2.0% (first estimate) Related News: Vitalik Buterin Reveals Ethereum's (ETH) Future Plans - Here's What's Planned Growth (GDP) 2025: 1.6% (previous 1.4%) 2026: 1.8% (previous 1.6%) 2027: 1.9% (previous 1.8%) 2028: 1.8% (first estimate) Unemployment Rate 2025: 4.5% (unchanged) 2026: 4.4% (previous 4.5%) 2027: 4.3% (previous 4.4%) 2028: 4.2% (first estimate) Speaking after the Fed's decision to cut interest rates by 25 basis points today, Chairman Jerome Powell admitted that this interest rate cut may not have a meaningful impact. However, Trump's newly appointed Stephen Ira Miran was the only member to call for a 50 basis point rate cut. Other members wanted rates to remain steady. *This is not investment advice. Continue Reading: Following the Interest Rate Decision, the FED Revised All Its Economic Forecasts: Here is the List Containing All the New Forecasts