Roundup: U.S. Fed cuts rate as expected, leaves next year uncertain

WASHINGTON, Dec. 11 (Xinhua) -- The U.S. Federal Reserve (Fed) on Wednesday lowered the basic interest rate as markets expected, leaving whether to cut more times in 2026 uncertain. In line with broad expectations, the Fed lowered its key overnight borrowing rate by one-quarter of a percentage point, putting rates between 3.5 and 3.75 percent. The Fed's decision came as the central bank board is divided over interest rates, with three members voting "no," a scenario not seen for roughly six year