PBS News Hour

Fed lowers interest rates again but future cuts in question

The Federal Reserve lowered rates for the third consecutive time but also suggested there won’t be as many interest rate cuts in the year ahead as it once planned. Chairman Jerome Powell said the cut wasn’t an easy decision because of higher inflation in recent months. Geoff Bennett discussed the decision with Nick Timiraos of The Wall Street Journal.

Fed lowers interest rates again but future cuts in question

5m 34s

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