Fed Chair announces first interest rate cut of 2025
September 17, 2025
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1:15Now PlayingFed Chair announces first interest rate cut of 2025
YouTube Description
as posted by the channelFederal Reserve Chair Jerome Powell announced the Fed is cutting interest rates by a quarter point in response to a slowing job market. The Fed is looking to strike a balance between strong inflation and weakening employment as President Trump's tariffs impact the economy. Powell further cited consumer spending that took a dip this year and projected further rate cuts in 2025 and 2026.
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