Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying stock markets. On Monday, markets fell flat. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Aug 25, 2025 (03:42)
TRANSCRIPT FOR: “STOCKS FALL FLAT AFTER INTEREST RATE ANNOUNCEMENT RALLY”
REED COWAN:
00:03:34
It is a wait and see, but we know you will be there to catch it and bring it to us live, as always. Great to talk to you. Kelly O'Grady, nice to have you with us today.