Fed cuts rates by quarter point, cites job market concerns
September 17, 2025
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4:12Market Talk: Despite Trump pressure, Fed not 'gung ho' for sharp rate cuts
0:24Now PlayingFed cuts rates by quarter point, cites job market concerns
YouTube Description
as posted by the channelThe Federal Reserve cut interest rates by a quarter of a percentage point and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a move that won support from most of President Donald Trump's central bank appointees.
In a press conference, Fed Chair Jerome Powell indicated that the move was a risk-management cut, adding that he doesn't feel the need to move quickly on rates.
#fed #rates #jeromepowell #economy #finance
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