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PBS Newshour

News Wrap: Fed signals impending interest rate reduction

Season 2019 Episode 215 | 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.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. 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.
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