Watch CBS News

Fed expected to cut benchmark interest rate, providing relief to consumers

Name: Fed expected to cut benchmark interest rate, providing relief to consumers
Uploaded: 2024-09-18T07:23:00-0400
Duration: 2 min 7 s
Description: Senior business and tech correspondent Jo Ling Kent explains what to expect from the Federal Reserve's anticipated rate cut and what it could mean for your finances.

Senior business and tech correspondent Jo Ling Kent explains what to expect from the Federal Reserve's anticipated rate cut and what it could mean for your finances.