@froxy

In the recent FOMC, the Fed lowered the federal funds target range by 0.25 percentage points to 3.50–3.75 percent, marking the third straight quarter‑point cut and a cumulative 0.75 percentage point easing over the last three meetings. The implementation note directs the Desk to maintain the new range via standard open‑market operations and sets the overnight reverse repo rate at 3.5 percent and the standing repo rate at 3.75 percent, effective December 11, 2025.

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