Federal Reserve issues FOMC statement

Reporting cited here

1. documented

   The promised direction arrived by year-end rather than immediately, and it was not Trump's to deliver: the independent Federal Reserve made the decisions under its statutory mandate.

   Policy decision paragraph

   The Interest-Rate Blame Game — Audit finding · Cited analysis

2. documented

   The FOMC lowered its target range by one-quarter point to 3.50-3.75 percent after three reductions in 2025.

   Policy decision paragraph

   The Interest-Rate Blame Game — Outcome · Outcome