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Fed chair Powell hints at interest rate cuts
Aug. 23, 202402:02
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Nightly News

Fed chair Powell hints at interest rate cuts

02:02

Fed chair Jerome Powell indicated interest rate cuts could be ahead but provided no specific details for when or by how much. It comes as millions of Americans grapple with concerns about the economy and as job growth and retail sales hit a slowdown. How would a rate cut impact consumers? NBC News' Brian Cheung reports.Aug. 23, 2024

Get more newsFed chair Powell hints at interest rate cutsNBC News LogoSearchSearchLiveLiveNBC News LogoToday Logo - Analysis & Updates [2026-10-01] | Latest News Todayon
  • UP NEXT

    Cornell agrees to independent investigation into handling of rape allegations

    02:44

  • Good News: High school football team surprises mom fighting cancer with flowers

    01:21

  • Passengers stop co-pilot’s attempt to crash plane

    03:48

  • Chicago mom’s gig work to make ends meet

    02:31

  • Flooding triggers State of Emergency

    01:13

  • New questions over airline security after attack

    02:14
Get more newsFed chair Powell hints at interest rate cutsNBC News LogoSearchSearchLiveLiveNBC News LogoToday Logo - Analysis & Updates [2026-10-01] | Latest News Todayon

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Last Updated: Thursday, October 1, 2026 at 04:40 PM
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