USA Today Episodes Around December 18, 2024
See what was published immediately before and after this episode.
1:06:51Now PlayingWatch live: Federal Reserve announces rate cut
Dec 18, 2024·4.2K views
December 18, 2024
4,221
40
0.95%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
1:06:51Now PlayingThe Federal Reserve is expected by economic forecasters to lower its key interest rate again Wednesday despite a recent acceleration of inflation and a solid economy.
The estimated quarter-point rate cut would mark the Fed’s third straight reduction and it would bring its benchmark short-term rate to a range of 4.25% to 4.5%. Fed officials are slicing the rate because inflation has eased significantly since they hiked it to a 23-year high of 5.25% to 5.5% in 2022 and 2023 to fight a pandemic-related price surge.
The central bank trims rates to lower borrowing costs and stimulate growth or dig the economy out of recession. It raises rates to tame inflation by cooling the economy and job market.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
