> Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year
Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year
Clip ID 2480292
Clearance
Add to
Share
Add to Review Link
By Request
By Request assets are not available for immediate purchase.
This content has not been pre-checked for copyright.
Per clip rates are for 20 seconds of final usage. If you are using more then 20 seconds or need a different file format or have questions about clearances contact us
Description
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Speaking at a news conference, Chair Jerome Powell said that Fed officials are likely done raising interest rates because of how steadily inflation has cooled.
For more: https://www.wtsp.com/article/money/federal-reserve-keeps-key-interest-rate-unchanged-and-foresees-3-rate-cuts-next-year-dc/507-a456ba53-ff34-4616-8835-2180f0d9afe4
►Subscribe: https://on.wtsp.com/youtube
►Website: https://www.wtsp.com/
►Facebook: https://facebook.com/10TampaBay
►Twitter: https://twitter.com/10TampaBay