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Federal Reserve holds interest rates steady, but September decision could be different (Video)

The Federal Reserve left the benchmark federal funds rate unchanged Wednesday. Experts still believe the Fed's September meeting could lead to cuts. CBS News business analyst Jill Schlesinger and CBS News contributor Javier David break down the decision.

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Federal Reserve holds interest rates steady, but September decision could be different (Video)

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Federal Reserve holds interest rates steady, but September decision could be different (Video)

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Summary
Federal Reserve holds interest rates steady, but September decision could be different (Video)
Title
Federal Reserve holds interest rates steady, but September decision could be different (Video)
Description

The Federal Reserve left the benchmark federal funds rate unchanged Wednesday. Experts still believe the Fed's September meeting could lead to cuts. CBS News business analyst Jill Schlesinger and CBS News contributor Javier David break down the decision. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com