Multiple independent post‑meeting summaries report that at its September 16–17, 2025 FOMC meeting, the Federal Reserve reduced the federal funds target range by 25 basis points, from 4.25%–4.50% to 4.00%–4.25%. TD Wealth notes that “The Federal Open Market Committee (FOMC) reduced the federal funds rate by 25 basis points (bps), lowering the target range to 4.00%-4.25%.” (td.com) A banking industry update likewise states that “the FOMC changed its benchmark rate range from 4.25%-4.50% to 4.00%-4.25%.” (pcbb.com) Macroeconomic analyses from FXStreet and FocusEconomics both describe the same September decision as a 25 bps rate cut to a 4.00%–4.25% range. (fxstreet.com) Another institutional note confirms that “the Federal Reserve cut the fed funds target range by 25 bps… to 4.00%–4.25%.” (capitaladvisors.com) Since Jason predicted on August 29, 2025 that “there’s going to be a rate cut in September,” and the Fed did in fact cut rates at the September 2025 FOMC meeting, the prediction is right.