Thursday, December 11, 2025

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Grooming Gang Victims Demand Govt Minister Resign.

PULSE POINTS

WHAT HAPPENED: A group of survivors of Muslim grooming gangs has left an official government inquiry into group-based child sexual exploitation, citing trust issues.

👤WHO WAS INVOLVED: Survivors Ellie-Ann Reynolds, Fiona Goddard, Elizabeth Harper, and “Jessica,” alongside former police officer Jim Gamble, Baroness Louise Casey, and Jess Phillips, Parliamentary Under-Secretary of State for Safeguarding and Violence Against Women and Girls in Prime Minister Sir Keir Starmer’s government.

📍WHEN & WHERE: Recent developments were discussed in Parliament and detailed in correspondence shared by survivors.

💬KEY QUOTE: “Being publicly contradicted and dismissed by a government minister when you are a survivor telling the truth takes you right back to that feeling of not being believed all over again.” – Survivors’ letter.

🎯IMPACT: The survivors have outlined conditions for their return to the inquiry, while the Labour Party government faces challenges in appointing someone to lead the inquiry.

IN FULL

Four survivors of Muslim grooming gang abuse in the United Kingdom, including Ellie-Ann Reynolds and Fiona Goddard, have criticized the British government’s inquiry into group-based child sexual exploitation, saying it has been watered down to obscure the racial and religious factors behind their abuse. The women, who recently resigned from the inquiry’s advisory panel, said the investigation’s scope had been widened in a way that risks losing focus on the particular issues with Muslim, predominantly Pakistani-background grooming gangs targeting mostly underage white girls at scale.

In a letter to Home Secretary Shabana Mahmood—roughly equivalent to the U.S. Homeland Security Secretary—the survivors set out several conditions for their return, including the resignation of the Jess Phillips, Prime Minister Sir Keir Starmer’s Parliamentary Under-Secretary of State for Safeguarding and Violence Against Women and Girls, and the appointment of a judge to lead the inquiry, with survivor input, and guarantees that victims can speak freely without fear of reprisal.

The letter, shared publicly by Goddard, said: “Being publicly contradicted and dismissed by a government minister when you are a survivor telling the truth takes you right back to that feeling of not being believed all over again. It is a betrayal that has destroyed what little trust remained.”

Former police officer Jim Gamble also stepped down from consideration to lead the inquiry, saying some survivors lacked confidence in his role due to his past in policing. He called claims that he would align with a political agenda to protect institutions “nonsense,” but given police leaders’ central role in downplaying and covering up grooming gang abuses for decades, victims do not believe a current or former police officer should lead the inquiry.

Prime Minister Starmer has announced that Baroness Louise Casey will assist the inquiry. Casey previously led a national audit that found many police forces and other public agencies avoided addressing ethnicity or cultural issues in grooming gang crimes because they feared being labelled racist.

The controversy follows years of public anger over how police, social services, and municipal governments have handled cases of organized sexual exploitation across towns such as Rotherham, Rochdale, and Telford. Multiple investigations revealed that predominantly Pakistani-heritage men targeted vulnerable white girls, while officials refused or failed to intervene for fear of damaging so-called community relations or being branded racist by the predators.

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FDA Probing Deaths Possibly Tied to COVID Vaccine.

PULSE POINTS

WHAT HAPPENED: The Food and Drug Administration (FDA) is investigating deaths potentially linked to COVID-19 vaccines.

👤WHO WAS INVOLVED: The FDA, Department of Health and Human Services (HHS) spokesman Andrew Nixon, and FDA Commissioner Dr. Marty Makary.

📍WHEN & WHERE: Investigation ongoing in the United States.

💬KEY QUOTE: “FDA is doing a thorough investigation, across multiple age groups, of deaths potentially related to COVID vaccines.” – Andrew Nixon

🎯IMPACT: The investigation raises further concerns about vaccine safety and transparency in FDA processes.

IN FULL

The U.S. Department of Health and Human Services (HHS) says the Food and Drug Administration (FDA) is investigating reports of deaths linked to COVID-19 vaccinations. HHS spokesman Andrew Nixon said the agency “is doing a thorough investigation, across multiple age groups, of deaths potentially related to COVID vaccines.”

The inquiry initially centered on possible fatalities among children, a review launched in September by Commissioner Marty Makary. That effort expanded after a leaked memo from a senior FDA official claimed the vaccines had been associated with “at least 10 infant deaths,” although the document reportedly did not include evidence to substantiate the allegation. The investigation has since broadened to examine reports involving other age groups as well.

Most COVID vaccine side effects are relatively mild and temporary, such as fatigue, fever, or arm soreness. However, serious reactions—including myocarditis, pericarditis, or severe allergic responses—have also been observed.

In 2025, the FDA required manufacturers of the mRNA vaccines used in the United States to update their product labeling with refined risk estimates for myocarditis and pericarditis. The updated data indicated that these conditions occur in only a small number of vaccinated individuals, with higher rates among adolescent and young adult males. According to the agency, these safety updates do not alter their overall assessment that the benefits of vaccination outweigh the risks for most people.

At this stage, the FDA has not confirmed any causal connection between COVID-19 vaccines and the deaths under review. Officials say they will assess all available evidence before drawing conclusions and will release findings once the investigation is complete.

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EU Accuses U.S. of Undermining European ‘Unity.’

PULSE POINTS

WHAT HAPPENED: European Union (EU) officials are upset that the U.S. National Security Strategy views the EU as in decline and opposed to U.S. interests.

👤WHO WAS INVOLVED: European Union (EU) Defense Commissioner Andrius Kubilius, U.S. Deputy Secretary of State Christopher Landau, and the broader Trump administration.

📍WHEN & WHERE: The National Security Strategy was released last week; Kubilius commented on it on December 10.

💬KEY QUOTE: The agenda of the EU is “utterly adverse to the U.S.” – Christopher Landau

🎯IMPACT: The U.S. strategy could lead to fewer U.S. troops in Europe and a shift in relations with the EU.

IN FULL

In a blog post on December 10, Andrius Kubilius, the European Union (EU) Commissioner for Defense and Space, complained that the new 2025 United States National Security Strategy (NSS) is a “direct challenge to European unity.” The NSS, signed by President Donald J. Trump, portrays Europe as a continent in decline, warning that it faces “civilisational erasure” if migration, demographic change, and excessive regulation and censorship continue. It argues that Europe’s economic slump and internal policies weaken the continent’s reliability as an ally and predicts that parts of Europe could be “unrecognizable” within two decades.

The strategy implicitly supports nationalist and populist political movements in some EU countries. According to media reports, an unpublished version of the document singled out nations such as Austria, Hungary, Italy, and Poland as potential partners for America to draw away from the EU.

In response, Kubilius said the strategy clearly signals U.S. intent to “fight against European unity.” He warned that the document frames EU institutions, migration policies, and Europe’s evolving identity as threats to U.S. strategic interests.

U.S. Deputy Secretary of State Christopher Landau has reportedly said the EU’s agenda is “utterly adverse to the U.S.” and does not align with the Trump administration on China. The NSS also includes a Global Posture Review, which will determine U.S. troop deployments worldwide, including in Europe, under the reshaped strategic priorities.

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War Sec Hegseth Hails Court Victory Upholding Transgender Military Ban.

PULSE POINTS

WHAT HAPPENED: A federal appeals court has allowed the Pentagon’s restrictions on military service by transgenders to remain in effect while litigation continues.

👤WHO WAS INVOLVED: War Secretary Pete Hegseth, the Department of War, plaintiffs challenging the policy, and the U.S. Court of Appeals for the D.C. Circuit.

📍WHEN & WHERE: The ruling was issued Tuesday by the D.C. Circuit Court of Appeals, as litigation continues in the Talbott v. United States case.

💬KEY QUOTE: “American Greatness. Military Lethality. Common Sense. And THE LAW.” – Pete Hegseth.

🎯IMPACT: The ruling allows the Pentagon to enforce the transgender ban immediately, affecting thousands of service members and setting the stage for further legal battles.

IN FULL

The U.S. Court of Appeals for the D.C. Circuit has granted the Pentagon’s request for its restrictions on transgender military service to remain in effect while a lawsuit continues. Judges Gregory Katsas and Neomi Rao authored the majority opinion, concluding that the Department of War is likely to succeed on the merits and that the lower court failed to provide appropriate deference to military judgment. War Secretary Pete Hegseth praised the ruling on X, writing, “American Greatness. Military Lethality. Common Sense. And THE LAW.”

He called the decision a “major legal victory” and argued that maintaining strict medical and readiness standards is essential for the armed forces. Hegseth has frequently criticized policies he views as driven by ideology, saying, “No more pronouns. No more climate change obsession. No more dudes in dresses – we’re done with that s**t.”

The decision ensures that the Pentagon will continue enforcing its restrictions while the case, Talbott v. United States, moves forward. The policy aligns with Executive Order 14183, issued in January 2025, which directs the military to bar individuals who identify with a gender different from their biological sex from serving. Following that order, the Pentagon suspended new enlistments for people diagnosed with gender dysphoria and limited access to mutilating “gender-affirming” medical care within the ranks.

Pentagon data from late 2024 indicated that roughly 4,240 active-duty, reserve, and National Guard personnel had been diagnosed with gender dysphoria. About 1,000 have already begun voluntary separation, and officials plan to review medical files to identify others for involuntary discharge once the voluntary window closes. The department has cited studies, including the AMSARA analysis and a 2022 review, reporting higher nondeployability rates and elevated risks of depression, PTSD, and suicidal ideation among transgender service members compared with normal troops.

District Court Judge Ana Reyes previously blocked the restrictions, stating they appeared motivated by disapproval of transgender identity rather than operational necessity. Judge Cornelia Pillard, dissenting in the appeals court decision, similarly claimed that the policy was not supported by evidence and could abruptly end longstanding military careers.

The plaintiffs in Talbott v. United States are evaluating their next steps as the case proceeds in the D.C. Circuit, with the possibility of ultimately going to the Supreme Court.

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WATCH: Bondi Releases Video of U.S. Forces Airdropping Onto Seized Oil Tanker.

PULSE POINTS

WHAT HAPPENED: A crude oil tanker, used for transporting sanctioned oil from Venezuela and Iran, was seized.

👤WHO WAS INVOLVED: The Federal Bureau of Investigation (FBI), Homeland Security Investigations (HSI), the United States Coast Guard, the U.S. military, and the Department of War.

📍WHEN & WHERE: December 10, 2025, off the coast of Venezuela.

💬KEY QUOTE: “This seizure, completed off the coast of Venezuela, was conducted safely and securely.” – Pam Bondi

🎯IMPACT: The seizure disrupts an illicit oil shipping network supporting foreign terrorist organizations.

IN FULL

On December 10, 2025, U.S. Attorney General Pam Bondi released video of a sanctioned, officially stateless crude oil tanker involved in transporting sanctioned oil from Venezuela and Iran being seized by U.S. forces. The operation was executed by the Federal Bureau of Investigation (FBI), Homeland Security Investigations (HSI), and the United States Coast Guard, with support from the U.S. Navy and the Department of War.

The tanker, which was en route to Cuba, had “For multiple years… been sanctioned by the United States due to its involvement in an illicit oil shipping network supporting foreign terrorist organizations,” Bondi stated. “This seizure, completed off the coast of Venezuela, was conducted safely and securely—and our investigation alongside the Department of Homeland Security to prevent the transport of sanctioned oil continues.”

The action marks a significant step in disrupting networks that facilitate the flow of resources to entities deemed as threats to U.S. and international security.

WATCH:

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China Surpasses SpaceX Rocket Launch Record.

PULSE POINTS

WHAT HAPPENED: China launched three Long March rockets into space within 19 hours, setting a new record for launch cadence.

👤WHO WAS INVOLVED: The China Aerospace Science and Technology Corporation (CASC) and China’s space agency.

📍WHEN & WHERE: The launches occurred on Tuesday, with the rockets lifting off from China.

💬KEY QUOTE: “The launch mission was a complete success,” the China Aerospace Science and Technology Corporation stated.

🎯IMPACT: The record-breaking launches highlight China’s ambition to become a space superpower, with plans to expand its orbital infrastructure.

IN FULL

China has broken a record for launch cadence by successfully launching three Long March rockets into space within 19 hours on Tuesday. This achievement surpassed the previous record held by SpaceX, which launched three Falcon rockets in 20 hours and 3 minutes in March 2024.

The China Aerospace Science and Technology Corporation (CASC) confirmed the success of the mission, stating, “The launch mission was a complete success.” The launches bring China’s total orbital launches this year to 83, a significant step in the country’s bid to expand its space capabilities.

One of the launches delivered Internet satellites into low-Earth orbit to join the Guowang constellation, which now has over 100 operational satellites. The other two launches involved classified satellites intended for military use. State-owned China SatNet plans to grow the Guowang constellation to 13,000 satellites, comparable to SpaceX’s Starlink network, which currently operates nearly 9,000 satellites.

China’s space ambitions extend beyond satellite launches. The country has established its own space station, Tiangong, following its exclusion from the International Space Station (ISS) due to U.S. national security concerns. Tiangong hosted its first crew in 2021 and continues to operate, with three astronauts currently on board. Last month, an uncrewed spacecraft was launched to the station as part of a rescue mission following damage to a prior craft that left one group of astronauts stranded on the station.

SpaceX retains the record for the most orbital launches in a single year, having already surpassed its 2022 record of 134 launches. The company aims to reach 178 launches by the end of 2025.

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State Department Restores Times New Roman Font to Reverse ‘Woke’ Policies.

PULSE POINTS

WHAT HAPPENED: Secretary of State Marco Rubio reinstated Times New Roman as the standard typeface for official communications, replacing Calibri, which was introduced under the former Biden regime.

👤WHO WAS INVOLVED: Secretary of State Marco Rubio, former Secretary of State Antony Blinken, and Lucas de Groot, the designer of Calibri.

📍WHEN & WHERE: The change went into effect on Wednesday, December 10, across the U.S. State Department.

💬KEY QUOTE: “Serif typefaces remain the standard in courts, legislatures, and across federal agencies where the permanence and authority of the written record are paramount.” – State Department spokesman.

🎯IMPACT: The move is part of a broader effort to eliminate “wasteful” diversity measures and restore traditional standards in federal agencies.

IN FULL

Secretary of State Marco Rubio has directed the U.S. State Department to revert to Times New Roman as its official typeface, reversing the 2023 decision by former Secretary of State Antony Blinken to adopt Calibri. A cable sent to U.S. diplomats stated that the shift was intended “to restore decorum and professionalism to the Department’s written work products and abolish yet another wasteful DEIA program.” The decision aligns with the broader effort by the Trump administration to eliminate what it characterizes as “woke” and “diversity, equity, inclusion, and accessibility” initiatives across the federal government.

Calibri’s designer, Dutch typographer Lucas de Groot, expressed mixed reactions to the news. “The decision to abandon Calibri on the grounds of it being a so-called ‘wasteful diversity font’ is both hilarious and regrettable,” he said. De Groot noted that Calibri was created for legibility on digital displays and became Microsoft Office’s default font in 2007 because of its clarity at smaller sizes.

A State Department spokesman defended the return to the serif typeface, saying, “Serif typefaces remain the standard in courts, legislatures, and across federal agencies where the permanence and authority of the written record are paramount.” Times New Roman had been the Department’s standard from 2004 until Blinken’s transition to Calibri in 2023.

The move comes as the Trump administration accelerates a series of high-profile reversals of DEI-related policies. Earlier this year, the administration removed members of the advisory boards for the nation’s military service academies, arguing that the institutions had been steered by “woke” ideology and needed to be realigned with traditional military values. In another action, senior Pentagon officials imposed a deadline for transgender personnel to leave the armed forces, part of a broader rollback of woke military regulations. The administration has also sought to restrict federal agencies from using “woke AI,” issuing directives aimed at preventing contractors from deploying artificial intelligence systems perceived as ideologically influenced.

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Japan Hit By Another Major Tremor Amid Megaquake Alert.

PULSE POINTS

WHAT HAPPENED: An earthquake struck off Aomori Prefecture, Japan, prompting the Japan Meteorological Agency to issue its first-ever “megaquake” advisory.

👤WHO WAS INVOLVED: Japanese authorities, including the Meteorological Agency, municipalities, and residents across seven prefectures.

📍WHEN & WHERE: The initial earthquake occurred on Monday, December 9, 2025, off the eastern shore of Aomori Prefecture, with several aftershocks, including a magnitude-5.7 quake on Wednesday. The megaquake advisory remains in effect until December 16.

💬KEY QUOTE: “Based on the instruction from the prime minister, we are mobilising all resources for assessing the damage, conducting search-and-rescue operations and implementing emergency disaster relief measures under the policy of prioritising human life.” – Minoru Kihara, Chief Cabinet Secretary

🎯IMPACT: 51 people were injured, with seven suffering severe injuries. Authorities are urging preparedness, with no significant infrastructure damage reported.

IN FULL

Japan has been struck by a new 5.7-magnitude earthquake just days after the country was rocked by a magnitude-7.5 earthquake that struck off the coast of Aomori Prefecture. The larger quake, occurring on Monday, prompted Japan’s Meteorological Agency to issue its first-ever special advisory warning of the potential for a “megaquake” registering a magnitude eight or higher—along with tsunami risks along its coastline. Notably, the advisory remains in effect until December 16.

According to Japan‘s Chief Cabinet Secretary Minoru Kihara, Monday’s quake resulted in injuries for 51 people, with an additional seven sustaining severe injuries. He stated, “Based on the instruction from the prime minister, we are mobilizing all resources for assessing the damage, conducting search-and-rescue operations, and implementing emergency disaster relief measures under the policy of prioritizing human life.”

Approximately 800 homes lost power, and Shinkansen bullet trains were suspended in parts of the region. Power was mostly restored by Tuesday morning, according to Tohoku Electric Power Co. About 480 residents sought shelter at Hachinohe Air Base, and 18 defense helicopters were deployed for damage assessment. Some 200 passengers were stranded overnight at New Chitose Airport in Hokkaido due to structural damage in a terminal building. The Nuclear Regulation Authority reported a 450-liter water spill at the Rokkasho fuel reprocessing plant, but confirmed that no safety concerns were raised.

Municipalities across seven prefectures—including Hokkaido, Aomori, Iwate, Miyagi, Fukushima, Ibaraki, and Chiba—have ramped up emergency preparedness. Measures include checking relief supplies, testing communication systems, and urging residents to prepare emergency kits and stay vigilant. Authorities also recommend sleeping in day clothes and in the same room as vulnerable family members to ensure swift evacuation if necessary.

It remains unclear how much damage was caused by the latest, albeit weaker, earthquake—or if there were any fatalities.

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U.S. Navy Captures Sanctioned Oil Tanker Near Venezuela.

PULSE POINTS

WHAT HAPPENED: The U.S. military seized a sanctioned oil tanker off the coast of Venezuela, marking a potential escalation of tensions in the region.

👤WHO WAS INVOLVED: President Donald J. Trump, the U.S. military, and Venezuelan dictator Nicolas Maduro.

📍WHEN & WHERE: Off the coast of Venezuela, reported on Wednesday.

🎯IMPACT: The move further isolates Venezuela’s oil industry amid President Trump’s push for Maduro to abdicate.

IN FULL

The U.S. Navy has intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a potential escalation with the country’s Marxist dictator, Nicolás Maduro. President Donald J. Trump, amid overseeing an unprecedented buildup of U.S. warships in the Caribbean and military strikes on cartel drug boats, has repeatedly urged the Venezuelan autocrat to abdicate in recent weeks.

Importantly, the oil tanker’s seizure will likely further complicate Venezuela’s ability to export oil, with other vessel owners becoming increasingly reluctant to carry cargo from the country. China is the predominant purchaser of Venezuelan oil, though it is mostly sold through illicit middlemen at a steep discount due to the risk of incurring U.S. sanctions.

On Tuesday, President Trump declared that Maduro’s “days are numbered” as the leader of Venezuela. However, when pressed on whether U.S. troops could be sent to Venezuela, he declined to provide a definitive answer, stating, “I don’t comment on that” and “I wouldn’t say that one way or the other.” Late last month, Trump suggested the U.S. could “very soon” target Venezuelan drug traffickers on land and declared that the country’s airspace should be considered “closed.”

Since September, the U.S. military has carried out kinetic strikes against cartel drug boats operating in the Caribbean and along the Pacific coast of South and Central America. The strikes follow the Trump administration’s designation of the Venezuelan gang Tren de Aragua (TdA) and the Cartel de los Soles as Foreign Terrorist Organizations (FTOs), with Maduro being accused of leading the latter. At this time, the strikes have resulted in the deaths of over 80 suspected drug traffickers.

Image by Eneas De Troya.

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Court Halts Trump’s Order to Deploy National Guard in Los Angeles.

PULSE POINTS

WHAT HAPPENED: A federal judge ordered the Trump administration to cease deploying the California National Guard in Los Angeles, returning control to Democrat Governor Gavin Newsom.

👤WHO WAS INVOLVED: U.S. District Court Judge Charles Breyer, the Trump administration, California officials, and the California National Guard.

📍WHEN & WHERE: The ruling was issued on Wednesday, December 10, in San Francisco, with California National Guard deployments also occurring in Los Angeles and other cities, such as Portland, Oregon.

💬KEY QUOTE: “In response to Plaintiffs’ motion to enjoin this conduct, Defendants take the position that, after a valid initial federalization, all subsequent re-federalizations are completely, and forever, unreviewable by the courts. Defendants’ position is contrary to law. Accordingly, the Court ENJOINS Defendants’ federalization of California National Guard troops.” — Judge Breyer

🎯IMPACT: The decision, which is temporarily on hold, could limit future federal control over state National Guard units without state approval.

IN FULL

A federal judge has ordered the Trump administration to return control of the California National Guard to Governor Gavin Newsom (D), effectively ending its deployment in Los Angeles. The ruling, issued by U.S. District Court Judge Charles Breyer—a Clinton appointee and brother of former Supreme Court Justice Stephen Breyer—in San Francisco, granted a preliminary injunction sought by Gov. Newsom, who argued the Trump administration cannot continuously use the state’s National Guard troops for immigration enforcement actions without his office’s approval.

“The Founders designed our government to be a system of checks and balances. Defendants, however, make clear that the only check they want is a blank one,” Judge Breyer wrote. ” Six months after they first federalized the California National Guard, Defendants still retain control of approximately 300 Guardsmen, despite no evidence that execution of federal law is impeded in any way—let alone significantly. What’s more, Defendants have sent California Guardsmen into other states, effectively creating a national police force made up of state troops.”

“In response to Plaintiffs’ motion to enjoin this conduct, Defendants take the position that, after a valid initial federalization, all subsequent re-federalizations are completely, and forever, unreviewable by the courts. Defendants’ position is contrary to law. Accordingly, the Court ENJOINS Defendants’ federalization of California National Guard troops,” the federal judge concluded—though he stayed his order from taking effect until next Monday.

The Newsom administration contended that the safety situation facing U.S. Immigration and Customs Enforcement (ICE) agents and other federal officers in Los Angeles has changed since violent anti-ICE riots erupted in the city this past June. While initially over 4,000 National Guard troops were deployed to the city, that number had fallen to about 100 in October. Notably, California officials also objected to the Trump administration’s decision to move California National Guard members to cities in other states where rioters have attacked federal property, like Portland, Oregon.

Judge Breyer previously ruled the Trump administration’s National Guard deployment in Los Angeles was unlawful in September. An even earlier ruling attempting to stop the initial deployment in June was set aside by the Ninth Circuit Court of Appeals.

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Federal Reserve Cuts Interest Rates for a Third Time.

PULSE POINTS

WHAT HAPPENED: The Federal Reserve reduced its benchmark interest rate by 0.25 percentage points, marking the third consecutive rate cut this year.

👤WHO WAS INVOLVED: The Federal Reserve and its policymakers.

📍WHEN & WHERE: The rate cut was announced on Wednesday, bringing the federal funds rate to its lowest level in over three years.

💬KEY QUOTE: “In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-1/2 to 3‑3/4 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks.” — Federal Reserve

🎯IMPACT: The decision aims to spur hiring and economic growth by lowering borrowing costs for businesses and consumers.

IN FULL

On Wednesday, the Federal Reserve‘s Federal Open Market Committee (FOMC) announced a reduction in its benchmark interest rate by 0.25 percentage points. This adjustment lowers the federal funds rate to a range of 3.5 percent to 3.75 percent, marking the lowest level in over three years. It is the third consecutive rate cut since September, with a total reduction of 0.75 percentage points this year.

“In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-1/2 to 3‑3/4 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks,” the December FOMC meeting statement reads, adding: “The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective.”

The FOMC members appear to be especially concerned about indications of a slowing labor market and a potential decline in consumer demand. Notably, the committee members in favor of the 0.25 percent cut were Federal Reserve Chairman Jerome Powell, FOMC vice chairman John C. Williams, Michael S. Barr, Michelle W. Bowman, Susan M. Collins, Lisa D. Cook, Philip N. Jefferson, Alberto G. Musalem, and Christopher J. Waller. Meanwhile, dissenters included Stephen I. Miran—appointed to the central bank’s board of governors by President Donald J. Trump—who favored a 0.5 percent cut, as well as Austan D. Goolsbee and Jeffrey R. Schmid, who favored no reduction in the benchmark interest rate.

This rate cut brings the federal funds rate to its lowest point since early November 2022, when the central bank had aggressively raised rates to combat inflation caused by the former Biden government.

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