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

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.

#news #interestrates #economy

[jameshale]

51% of the American population just voted against the economy, so 51% of the population say that the economy sucks.

[jameshale]

I agree that this economy is really good, so why do so many people feel this is a terrible economy.

[wcb]

How long before we see the affects of the cut?

[gammawaving]

His first answer at 7:20 was worthy of Sir Humphrey Appleby.

[Scandilox]

When will anyone blame cooperate Scamerica, and people just gave the richest person in history and his billionaire pal the power…..Power and Wealth = whatever they want

[Greg-ql]

Are deficit is extremely high which also causes everything to go up so high

[VenceslaoAlicea-in]

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[Samuelassaraf]

What a bot
"my colleages and i remain squarely focused...

[xDaviluv]

If the economy is so good once he gets fired, he should have no problem finding a job

[sheilamurphy]

lets keep it real jerome powell job was threatned therefore he made a rate cut asap to save his job