**[The Federal Reserve Cuts Interest Rates by 25 Basis Points for the Third Time This Year; Trump: The Cut Could Be Larger]** On the 10th local time, the U.S. Federal Reserve concluded its two-day monetary policy meeting and announced a 25 basis point reduction in the federal funds rate target range to between 3.50% and 3.75%. This marks the Federal Reserve's third rate cut this year and the sixth rate cut since September 2024. Economic uncertainty remains high, and downside risks to employment have increased. On the 10th, the Federal Open Market Committee (FOMC), the Fed's decision-making body, issued a statement after the meeting, stating that current indicators show U.S. economic activity has been expanding at a moderate pace. Employment growth has slowed this year, the unemployment rate has slightly risen, and inflation has increased since the beginning of the year, remaining at a relatively high level. Economic uncertainty remains elevated, and downside risks to employment have increased in recent months. Given the shift in risk balance, the decision was made to lower the federal funds rate target range by 25 basis points. Previously, Federal Reserve officials had differing opinions on the impact of tariff policies on inflation and whether to further cut rates in December, but worsening U.S. labor market data has heightened expectations for rate cuts. (CCTV News)