Milan, Dec. 18 (LaPresse) – The Federal Reserve has decided to cut Fed Funds interest rates by 25 basis points, bringing them to the range of 4.25 percent to 4.5 percent from the 4.5 percent to 4.75 percent to which it had raised them on Nov. 7. Rates thus fall to December 2022 levels. Voting in favor were 11, with one vote against.