Federal Reserve to cut the funds rate by 25bps on December 10 - Reuters poll
|According to a Reuters poll on Thursday, the Federal Reserve (Fed) is widely expected to cut interest rates by 25 Basis points (BPS) to 3.50%-3.75% at its monetary policy meeting on December 10.
Additional remarks
89 of the 108 economists anticipate an interest rate cut at the December meeting.
US Federal Reserve to cut fed funds rate by 25 bps to 3.50%-3.75% range on December 10, said 89 of 108 economists.
US Federal Reserve to cut fed funds rate to 3.25%-3.50% range in Q1 2026, said 50 of 100 economists.
Market Reaction
The Dollar Index (DXY) trades 0.02% higher at the time of press near the 98.90 price region, but is still extending its losing streak to five days in a row.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.01% | 0.00% | -0.29% | 0.09% | -0.15% | 0.10% | 0.08% | |
| EUR | 0.01% | 0.00% | -0.31% | 0.09% | -0.14% | 0.11% | 0.09% | |
| GBP | -0.00% | -0.01% | -0.31% | 0.08% | -0.15% | 0.11% | 0.08% | |
| JPY | 0.29% | 0.31% | 0.31% | 0.40% | 0.16% | 0.38% | 0.39% | |
| CAD | -0.09% | -0.09% | -0.08% | -0.40% | -0.22% | 0.01% | -0.00% | |
| AUD | 0.15% | 0.14% | 0.15% | -0.16% | 0.22% | 0.24% | 0.23% | |
| NZD | -0.10% | -0.11% | -0.11% | -0.38% | -0.01% | -0.24% | -0.02% | |
| CHF | -0.08% | -0.09% | -0.08% | -0.39% | 0.00% | -0.23% | 0.02% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.