WATCH LIVE: Federal Reserve Chair Jerome Powell expected to discuss rate cut

Federal Reserve Chair Jerome Powell on Sept. 18 discussed the agency’s decision to lower its key interest rate by a quarter point. Powell said the Fed’s economic outlook is still positive, but it will respond to economic changes as appropriate. The rate cut was in response to global uncertainty that is dragging on the U.S. economy. “We do see trade uncertainty is having an effect. It’s hard to quantify it though,” Powell told reporters in a news conference after the Federal Reserve’s meeting.

Stream your PBS favorites with the PBS app:
Find more from PBS NewsHour at
Subscribe to our YouTube channel:

Follow us:
Facebook:
Twitter:
Instagram:
Snapchat: @pbsnews

Subscribe:
PBS NewsHour podcasts:
Newsletters:

discuss