FOMC Commentary – October 29, 2025

The Federal Open Market Committee (FOMC) voted to lower the Federal Funds rate target range by 25bps, from 4.25%-4.5% to 4%-4.25%. The context provided for this move was as important as the interest rate cut itself, slowing employment growth but continued inflation at levels “somewhat” higher than desirable.
Robertson Stephens Reaches $8 Billion in Assets
Robertson Stephens Wealth Management, LLC (“Robertson Stephens”) exceeds $8 billion in client assets, while also growing its national presence in the Northeast region with two new advisor teams. The firm now has 26 advisor teams in 25 offices across the country.