# Fed cuts rates by 25bp and suggests another in December is not a foregone conclusion | articles | ING THINK

> The Fed cut the funds rate by 25 basis points to 3.75%-4.00% on October 29 with two dissents, one for a 50bp cut and one for no change. It also said it will end balance sheet runoff from December 1 and reinvest maturing Treasuries. Powell said a December cut is not guaranteed.

- Date: 2025-10-29 · published 2025-10-29T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/22320-fed-cuts-rates-by-25bp-and-suggests-another-in-december-is-not-a-foregone
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Ending quantitative tightening adds liquidity, which is mildly supportive for commodities, but the signal of fewer near-term cuts supports the dollar. The net effect on feed prices is modest.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-17 | [A falling euro is not the ECB’s biggest headache \| articles \| ING THINK](https://feedsoft.ai/events/30944-a-falling-euro-is-not-the-ecb-s-biggest-headache-articles-ing-think.md) | -0.3% | -1.0% |
| DXY | 2023-04-19 | [Rates Spark: The yield race to the top continues \| articles \| ING THINK](https://feedsoft.ai/events/36670-rates-spark-the-yield-race-to-the-top-continues-articles-ing-think.md) | +0.4% | +0.1% |
| DXY | 2022-09-08 | [The Commodities Feed: USD strength and demand worries \| articles \| ING THINK](https://feedsoft.ai/events/14903-the-commodities-feed-usd-strength-and-demand-worries-articles-ing-think.md) | -0.3% | +1.6% |
| DXY | 2024-12-18 | [U.S. Federal Reserve cuts interest rates by another quarter point \| CBC News](https://feedsoft.ai/events/26852-u-s-federal-reserve-cuts-interest-rates-by-another-quarter-point-cbc-news.md) | +0.7% | +1.5% |
| DXY | 2021-06-17 | [FX Daily: The Fed disrupting the calm \| articles \| ING THINK](https://feedsoft.ai/events/6129-fx-daily-the-fed-disrupting-the-calm-articles-ing-think.md) | +1.1% | +1.7% |

## Sources

- think.ing.com: https://think.ing.com/articles/fed-cuts-rates-25bp-suggest-december-is-not-a-foregone-conclusion/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.