Name: U.S. Federal Reserve holds interest rate but hints at possible cuts
Uploaded: 2024-08-02T05:47:27+08:00
Duration: 1 min 22 s
Description: The U.S. Federal Reserve decided to keep the interest rate unchanged but suggested it would cut the rate it hiked to the highest in decades to drive down inflation as soon as September. CGTN’s Owen Fairclough has the latest.

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The U.S. Federal Reserve decided to keep the interest rate unchanged but suggested it would cut the rate it hiked to the highest in decades to drive down inflation as soon as September. CGTN’s Owen Fairclough has the latest.