Fed holds interest rates steady despite rocky Trump dynamic
Clip: 6/19/2019 | 5m 12sVideo has Closed Captions
Why the Fed kept interest rates steady for now, despite pressure from Trump
The Federal Reserve says it's holding its benchmark interest rate steady, despite ongoing pressure from President Trump to reduce it. But Fed Chairman Jay Powell expressed openness to the idea of cutting rates if economic indicators warrant. He also recently said he intends to serve his full four-year term, despite Trump's criticism of him. Judy Woodruff talks to The Wall Street Journal's Greg Ip.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Fed holds interest rates steady despite rocky Trump dynamic
Clip: 6/19/2019 | 5m 12sVideo has Closed Captions
The Federal Reserve says it's holding its benchmark interest rate steady, despite ongoing pressure from President Trump to reduce it. But Fed Chairman Jay Powell expressed openness to the idea of cutting rates if economic indicators warrant. He also recently said he intends to serve his full four-year term, despite Trump's criticism of him. Judy Woodruff talks to The Wall Street Journal's Greg Ip.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...