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US Fed meeting: In line with expectations, the US Federal Reserve’s Federal Open Market Committee (FOMC), chaired by Jerome Powell, cut the key benchmark interest rate by 25 basis points on Wednesday, 17 September 2025. This brings the federal funds rate down to a range of 4.00% to 4.25%. This was the first Fed rate cut since December 2024, when the central bank had lowered rates by 25 basis points.
Donald Trump, meanwhile, hailed his state visit to the Britain as one of the ‘biggest honours of his life’.
Melania Trump wore a yellow off-shoulder dress with a pink belt at the royal banquet with King Charles.
At King Charles’ state dinner, Michael Boulos walked with Princess Catherine and sat beside her, while Tiffany Trump walked with Tim Cook- seven places behind.
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