US interest rate cut: The White House has pressured Powell as the economy slows
Update: 2025-12-11
Description
The US Federal Reserve lowered interest by a quarter of a percentage point on Wednesday. It's the fourth straight vote by the US central bank that was not backed by all members of the 12-person Federal Open Market Committee, demonstrating how fractured the central bank has become as it balances the risks of rising unemployment and persistent inflation. Al Jazeera’s Shihab Rattansi reports from Washington, DC. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #USInterestRate #FederalReserve #EconomySlowdown #USInflation #USUnemployment #InterestRateCut #FOMC #Powell #USTreasury #USFinancialNews #AlJazeeraEnglish #USEconomy
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