The US Federal Bank proceeded to reduce interest rates proportional to analysts’ estimates, but not the expectations of Trump.

In particular, the Fed announced interest rates by 25 basis points, the first for 2025, in the range of 4%-4.25%. Also, the Fed forecasts are also expected to decline interest rates by 50 basis points by the end of the year, as well as a decrease of 25 basis points per year, in the next two years.

The last time the Fed reduced interest rates was in December 2024 (two more reductions, one in September by 50 basis points and one in November by 25 basis points).

It is recalled that the large stock markets were expecting interest rates by 25 basis points, with the sole exception of Standard Chartered forecast, which provided for a decrease of 50 basis points.

“Predictions want the Fed to reduce interest rates due to the increasing risk of recession of the economy and, in particular, in the labor market,” said Mark Hamrick, a Bankrate financial analyst.

August data showed a significant slowdown in increased employment, as well as an increase in unemployment to 4.3%, while inflation pressures continued to mitigate.

In addition, traders find it almost certain that there will be another decrease in the Fed meeting in October and consider it very likely that there will be a third decline in December.

President Trump’s “chosen” and financial adviser, Stephen Miran, was in favor of a reduction by 50 basis points. Miran officially assumed the third member of the Board of Directors of the Federal Bank in a timely manner in a timely manner to attend the Fed meeting, replacing the vacant seat after the unexpected resignation of Adriana Kougler at the beginning of August.

Trump, however, was pushing for a “large reduction” and does not hide that he wants the Fed Board of Directors to “take control” by Powell.