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Federal Reserve Chair Powell speaks after Fed cuts interest rates by a quarter point

DeFi Daily News by DeFi Daily News
December 18, 2024
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Federal Reserve Chair Powell speaks after Fed cuts interest rates by a quarter point
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Federal Reserve Chair Jerome Powell delivers remarks following the Central Bank’s two-day policy meeting on Wednesday. The Federal Reserve lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years.

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Tags: breaking newsbusinessCablecable newsChaircnbcCutsfedFederalfinance newsfinance stockfinancial newsInterestMoneymoney tipsNewsnews channelnews stationPointPowellQuarterratesReservespeaksStock marketStock market newsstocksus newsworld news
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