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Jerome Powell speaks after Fed cuts interest rates by 0.25 percentage points | full video

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November 7, 2024

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Federal Reserve Chairman Jerome Powell spoke to reporters Thursday after the central bank lowered its benchmark interest rate by 0.25 percentage points, its first rate decision since Donald Trump was elected president. The Fed slashed interest rates by 0.50 percentage points in September, the first cut since 2020.

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Jerome Powell speaks after Fed cuts interest rates by 0.25 percentage points | full video · CBS News · Sentinel