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Interest rate cuts are coming, according to the Fed's Jerome Powell

Name: Interest rate cuts are coming, according to the Fed's Jerome Powell
Uploaded: 2024-08-23T14:30:00-0400
Duration: 4 min 1 s
Description: Federal Reserve Chair Jerome Powell signaled Friday that the economy is ready for interest rate cuts, a move economists have been expecting will take place in September. CBS News contributor Javier E. David has more.

Federal Reserve Chair Jerome Powell signaled Friday that the economy is ready for interest rate cuts, a move economists have been expecting will take place in September. CBS News contributor Javier E. David has more.