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Federal Reserve Chair News Conference Video C Span Org

Leo Migdal
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federal reserve chair news conference video c span org

This material may be protected by copyright law (Title 17 U.S. Code). This material may be protected by copyright law (Title 17 U.S. Code). Uploaded by TV Archive on December 19, 2024 Christopher Rugaber, Associated Press Christopher Rugaber, Associated Press

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next... Watch Powell’s remarks in the player above. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in September of four rate cuts. Their new projections suggest that consumers may not enjoy much lower rates next year for mortgages, auto loans, credit cards and other forms of borrowing. Fed officials have underscored that they are slowing their rate reductions as their benchmark rate nears a level that policymakers refer to as “neutral” — the level that is thought to neither spur nor... Wednesday’s projections suggest that the policymakers think they may be close to that level.

Their benchmark rate stands at 4.3 percent after Wednesday’s move, which followed a steep half-point reduction in September and a quarter-point cut last month.

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This Material May Be Protected By Copyright Law (Title 17

This material may be protected by copyright law (Title 17 U.S. Code). This material may be protected by copyright law (Title 17 U.S. Code). Uploaded by TV Archive on December 19, 2024 Christopher Rugaber, Associated Press Christopher Rugaber, Associated Press

WASHINGTON (AP) — The Federal Reserve Cut Its Key Interest

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next... Watch Powell’s remarks in the player above. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in September of four rate...

Their Benchmark Rate Stands At 4.3 Percent After Wednesday’s Move,

Their benchmark rate stands at 4.3 percent after Wednesday’s move, which followed a steep half-point reduction in September and a quarter-point cut last month.