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Federal Reserve cuts interest rates by 0.25 percentage points

Name: Federal Reserve cuts interest rates by 0.25 percentage points
Uploaded: 2025-12-10T14:00:00-0500
Duration: 5 min 45 s
Description: The Federal Reserve cut its benchmark interest rate by 0.25 percentage points Wednesday, bringing the federal funds rate to its lowest level in more than three years. CBS News' Kelly O'Grady and Olivia Rinaldi have more.

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points Wednesday, bringing the federal funds rate to its lowest level in more than three years. CBS News' Kelly O'Grady and Olivia Rinaldi have more.