How likely is the Federal Reserve to cut interest rates in September?

Name: How likely is the Federal Reserve to cut interest rates in September?
Uploaded: 2024-08-01T13:07:00-0400
Duration: 3 min 56 s
Description: The federal reserve announced on Wednesday that interest rates will go unchanged this month but financial analysts signal a cut is on the horizon. Bankrate chief financial analyst, Greg McBride, joins CBS News New York to break down the decision.

The federal reserve announced on Wednesday that interest rates will go unchanged this month but financial analysts signal a cut is on the horizon. Bankrate chief financial analyst, Greg McBride, joins CBS News New York to break down the decision.