Watch Live: Jerome Powell speaks after Fed cuts interest rates by 0.25 percentage points | CBS News
Federal Reserve Chairman Jerome Powell is speaking to reporters 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 CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations’ top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
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