Watch live: Powell speaks after Federal Reserve cuts interest rates again

The HillWednesday, October 29, 2025 at 6:04:42 PM
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Watch live: Powell speaks after Federal Reserve cuts interest rates again
Federal Reserve Chair Jerome Powell is addressing the public following the central bank's decision to cut interest rates for the second time this year, now set between 3.75% and 4%. This move, which comes after significant pressure from President Trump, aims to stimulate economic growth and support borrowing. Lower interest rates can lead to increased consumer spending and investment, making this announcement crucial for the economy's trajectory.
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