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Powell cautious on possible September cut

The Federal Reserve left interest rates unchanged on Wednesday despite President Trump's push for a cut. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Jul 30, 2025 (02:59)

TRANSCRIPT FOR: “FED CHAIR JEROME POWELL CAUTIOUS ABOUT POSSIBLE SEPTEMBER RATE CUT”

MAJOR GARRETT:
00:02:55

Always a pleasure to have you with us. Kelly O'Grady in New York, thanks so very much.

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