PBS NewsHour

News Wrap: Fed signals impending interest rate reduction

Clip: 07/10/2019 | 5m 20s

In our news wrap Wednesday, the Federal Reserve gave its strongest signal yet that an interest rate cut is coming. Fed Chair Jerome Powell said growing economic "uncertainty" makes the case for a rate reduction, which would be the first since 2008. Also, U.S. Customs and Border Protection reported the number of unaccompanied migrant children being held dropped from 2,700 in June to 200.

Aired: 07/10/19

Rating: NR

Video has closed captioning.

The full episode is no longer available for online streaming. Why?

Please continue to enjoy extra(s) from this episode.

Problems Playing Video?

Major corporate funding for the PBS NewsHour is provided by BNSF, Consumer Cellular, Leidos, Babbel, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.