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Federal Reserve cuts interest rate for second time in 2024

Name: Federal Reserve cuts interest rate for second time in 2024
Uploaded: 2024-11-07T14:00:00-0500
Duration: 5 min 31 s
Description: The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News correspondent Natalie Brand has more from the White House.

The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News correspondent Natalie Brand has more from the White House.