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Fed cuts rates again: What it means for the economy

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The Fed’s third rate cut of 2025 could reshape monetary policy and economic forecasts; insights from David Scutt.


The Federal Reserve has made its third rate cut of the year, slashing interest rates by 25 basis points. What’s driving the Fed to keep easing, and how will this impact the broader economy?

David Scutt from StoneX joins us to break down the key drivers behind this move.

We dive into the significance of a third rate cut, exploring what the new rate range signals about the Fed’s future monetary policy. Some officials are pushing back against further cuts—what alternatives have been suggested, and what does this mean for markets?

Finally, we unpack the Fed’s fresh economic projections, including growth, inflation expectations, and the Summary of Economic Projections (SEP). How do these new forecasts compare to September’s, and what could this mean for 2026?

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