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Fed cuts interest rates, what happens now?

Name: Fed cuts interest rates, what happens now?
Uploaded: 2024-09-19T07:22:00-0400
Duration: 2 min 50 s
Description: The Federal Reserve on Wednesday announced an interest rate cut of 0.5%, bringing rates down from their previous 23-year high. CBS News contributor Javier David has more on what that means for you.

The Federal Reserve on Wednesday announced an interest rate cut of 0.5%, bringing rates down from their previous 23-year high. CBS News contributor Javier David has more on what that means for you.