PBS News Hour

Federal Reserve suggests it may cut interest rates in 2024

The Federal Reserve opted to leave interest rates unchanged, but Fed Chairman Jerome Powell suggested there may be as many as three rate cuts next year. Powell said rate hikes appear to be over for now and the economy is well positioned for a so-called "soft landing." Stephanie Sy discussed more with economist Julia Coronado of MacroPolicy Perspectives.

Federal Reserve suggests it may cut interest rates in 2024

5m 32s

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