The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks. Since its last cut in December, the Fed has held interest rates at a range between 4.25 percent and 4.50 percent.

The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks. Since its last cut in December, the Fed has held interest rates at a range between 4.25 percent and 4.50 percent.

WASHINGTON: The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday (Sep 17), but it battles competing forces in the path forward - with heightened political pressure and likely divisions among its ranks.There is little doubt that the US central bank will lower rates at the e