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UITB - U.S. Fed Cuts Rates Amid Economic And Data Uncertainty
USAA Core Intermediate-Term Bond
2025-10-30 15:30:00 ET
The U.S. Federal Reserve did as expected, cutting its key rate by 25 basis points to a range between 3.75% to 4%. The move comes despite a usually data-dependent Fed having no new statistics to guide its policy decisions because of the government shutdown. Sam Chai, Vice President, Active Fixed Income Portfolio Management at TD Asset Management, speaks with MoneyTalk’s Greg Bonnell about the unique challenges facing the Fed and the road ahead for rates....