Watch live as Federal Reserve Chair Jerome Powell holds a press conference after the Federal Reserve cut its key interest rate Wednesday by a quarter-point its third cut this year but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.
#news #interestrates #federalreserve #live
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Watch live as Federal Reserve Chair Jerome Powell holds a press conference after the Federal Reserve cut its key interest rate Wednesday by a quarter-point its third cut this year but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. #news #interestrates #federalreserve #live
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