The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on Wednesday should buoy the administration nonetheless with its outlook for faster growth,

Asian shares were mixed on Thursday after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate. U.S. futures fell and oil prices were little changed.

The US Federal Reserve announced its third-consecutive rate cut for 2025 on Wednesday, Dec. 10, triggering inflows into spot Bitcoin BTC $90 420 24h volatility: 2.4% Market cap: $1.80 T Vol. 24h: $58.

After three consecutive interest rate cuts, investors now confront an uncertain U.S. monetary policy outlook for the year ahead, clouded by persistent inflation, data gaps, and an impending leadership change at the Federal Reserve.

Trump said at a White House event this afternoon that the U.S. military has seized an oil tanker off Venezuela. FED DECISION: The Federal Reserve reduced interest rates by a quarter-point in its third cut this year. President Donald Trump has repeatedly attacked Fed Chair Jerome Powell for not lowering them sooner.

Follow live coverage of the Federal Reserve's December interest rate decision; the Summary of Economic Projections, or dot plot; and Chair Jerome Powell's press conference.

By Caroline Valetkevitch NEW YORK, Dec 10 (Reuters) - Major stock indexes jumped while U.S. Treasury yields declined on Wednesday after the Federal Reserve cut interest rates as expected and investors remained hopeful about further cuts ahead,

The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.