Jerome Powell on U.S. economy after Federal Reserve interest rate cut decision

The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's expected next.

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The Federal Reserve cuts interest rates by another quarter point. Here's what that means for you

The central bank has now shaved a full percentage off its benchmark rate since September. Here's what it means for your borrowing costs.
CNBC - 2h
The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction

Inflation just hit a five-month high in November and asset prices are smashing records.
Inc. - 8h
Federal Reserve cuts interest rate again

The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.
CBS News - 4h
Federal Reserve decision coming on final interest rate cut for 2024

The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News' Kelly O'Grady has more on what's expected.
CBS News - 5h
Federal Reserve set to announce last decision of the year on interest rates

The Federal Reserve will release its final decision of the year regarding interest rates later today. This will be the final interest rate decision before President-elect Trump takes office.
NBC News - 8h
Here's what to know as the Federal Reserve is expected to make another rate cut

CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about what to expect and the impact of the Federal Reserve's final interest rate decision of 2024, which happens Wednesday.
CBS News - 9h
Federal Reserve is likely to cut interest rates next week. Here's what that means for you

The third interest rate cut in a row is on deck, which is welcome news for consumers struggling to keep up with sky-high interest charges.
CNBC - 5d
ECB Cuts Interest Rates as the Economy Weakens

The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect Donald J. Trump.
The New York Times - 6d
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...
The Guardian - Dec. 6

Jerome Powell on U.S. economy after Federal Reserve interest rate cut decision

Topics

Related

The Federal Reserve cuts interest rates by another quarter point. Here's what that means for you

The Federal Reserve Is Cutting Rates With Inflation Moving in the Wrong Direction

Federal Reserve cuts interest rate again

Federal Reserve decision coming on final interest rate cut for 2024

Federal Reserve set to announce last decision of the year on interest rates

Here's what to know as the Federal Reserve is expected to make another rate cut

Federal Reserve is likely to cut interest rates next week. Here's what that means for you

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