Fed makes final interest rate decision before Trump inauguration

May Be Interested In:Dozens killed in Mali illegal gold mine collapse


Fed makes final interest rate decision before Trump inauguration – CBS News

Watch CBS News


The Federal Reserve cut interest rates Wednesday for the third consecutive month, slashing rates by a quarter percentage point. It was the Fed’s final rate decision before the inauguration of President-elect Donald Trump, who has been a longtime critic of Federal Reserve Chairman Jerome Powell. CBS News MoneyWatch correspondent Kelly O’Grady joins to break down the move.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.


share Share facebook pinterest whatsapp x print

Similar Content

Justin Trudeau
4 things we learned about Justin Trudeau from Hot Ones Quebec
A photograph of a gavel lying sideways on a keyboard.
Scale AI sued by former worker alleging unlawful business practices
Ancient DNA suggests women were heart of social networks in Celtic society in Britain
Ancient DNA suggests women were heart of social networks in Celtic society in Britain
Scammers hire models to fool Americans
Scammers hire models to fool Americans
GOP congressman outraged that Matt Gaetz’s lewd past is now public
GOP congressman outraged that Matt Gaetz’s lewd past is now public
Fireworks over Hong Kong harbour for New Years
Salgo: New Year’s resolutions for the public service
Changing Perspectives: A New Take on Global Events | © 2024 | Daily News