The post Fed Lowers Interest Rates—And More Cuts Are On The Way appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday voted to lower interest rates—following months of pressure and criticism from President Donald Trump—as the central bank signaled additional cuts later this year. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The Federal Open Market Committee voted 11-1 in favor of lowering interest rates by a quarter-point to between 4% and 4.25%, down from the 4.25% to 4.5% range where they have been held since December. Fed Governor Stephen Miran, whom Trump appointed to the role to fill Adriana Kugler’s vacant seat, argued for a half-point reduction to rates as the lone dissenting vote. Michelle Bowman and Christopher, who had dissented at the Fed’s prior meeting in July, aligned with Fed Chair Powell and other policymakers. The FOMC said two additional rate cuts are expected by the end of the year, as concerns are raised over the weakening labor market. Investors are favoring two more quarter-point cuts in October and December, potentially lowering the funds rate to between 3.5% and 3.75% by the end of the year, according to CME’s FedWatch. Olu Sonola, Fitch Ratings’ head of U.S. economic research, said in a note Wednesday the Fed’s decision ignited a “lift-off” for a “decisively aggressive cutting cycle” for the year, though Sonola noted the lack of a unanimous vote suggests the Fed will lean toward a more cautious monetary policy again in 2026. How Did Markets React To The Interest Rate Cut? The Dow Jones Industrial Average added about 270 points (0.6%) in response to the Fed’s rate cut, while the S&P 500 (down 0.2%) and the Nasdaq (0.6%) pulled back on the news. What Has Donald Trump Said About Lowering Interest Rates? Trump has repeatedly accused Powell… The post Fed Lowers Interest Rates—And More Cuts Are On The Way appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday voted to lower interest rates—following months of pressure and criticism from President Donald Trump—as the central bank signaled additional cuts later this year. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The Federal Open Market Committee voted 11-1 in favor of lowering interest rates by a quarter-point to between 4% and 4.25%, down from the 4.25% to 4.5% range where they have been held since December. Fed Governor Stephen Miran, whom Trump appointed to the role to fill Adriana Kugler’s vacant seat, argued for a half-point reduction to rates as the lone dissenting vote. Michelle Bowman and Christopher, who had dissented at the Fed’s prior meeting in July, aligned with Fed Chair Powell and other policymakers. The FOMC said two additional rate cuts are expected by the end of the year, as concerns are raised over the weakening labor market. Investors are favoring two more quarter-point cuts in October and December, potentially lowering the funds rate to between 3.5% and 3.75% by the end of the year, according to CME’s FedWatch. Olu Sonola, Fitch Ratings’ head of U.S. economic research, said in a note Wednesday the Fed’s decision ignited a “lift-off” for a “decisively aggressive cutting cycle” for the year, though Sonola noted the lack of a unanimous vote suggests the Fed will lean toward a more cautious monetary policy again in 2026. How Did Markets React To The Interest Rate Cut? The Dow Jones Industrial Average added about 270 points (0.6%) in response to the Fed’s rate cut, while the S&P 500 (down 0.2%) and the Nasdaq (0.6%) pulled back on the news. What Has Donald Trump Said About Lowering Interest Rates? Trump has repeatedly accused Powell…