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Interest rates and inflation

The latest news on these key rates and how they could affect investors and consumers.

October 29, 2025

October Federal Reserve rate announcement key takeaways

The FOMC reduced the federal funds rate by 25 basis points to 3.75% – 4.00. The lack of official data due to the ongoing government shutdown makes the timing of any additional future rate cuts more uncertain.

Wells Fargo Investment Institute, Inc. is a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank N.A., a bank affiliate of Wells Fargo & Company.