Jerome Powell Speech Today LIVE: The United States Federal Reserve Chairman, Jerome Powell, is set to start his talks at the Greater Providence Chamber of Commerce event, which is hosted in Warwick, Rhode Island, United States, on Tuesday, 23 September 2025.
Fed Chair Powell is set to talk about the economic outlook of the United States for the first time since the Federal Reserve’s Federal Open Market Committee (FOMC) cut the key benchmark interest rate by 25 basis points on Wednesday, 17 September 2025.
US Fed Rate Cut
US Federal Reserve’s FOMC on Wednesday, 17 September 2025, decided to cut the key benchmark interest rate by 25 basis points and said that the committee will keep assessing incoming data, the evolving outlook, and the balance of risks to decide if more rate cuts are required.
Mint reported earlier that the FOMC committee voted in favour of a 25-basis-point rate cut by an 11:1 majority.
“The committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4 to 4-1/4 per cent. In considering additional adjustments to the target range for the federal funds rate, the committee will carefully assess incoming data, the evolving outlook, and the balance of risks,” said the US Fed in its official announcement.
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