Federal Reserve Chairman Jerome Powell is announcing the board’s decision on whether or not it will cut interest rates.
The announcement is slated to begin at 2:30 p.m.
TRUMP SAYS HE KNOWS ‘WHO HE’S GOING TO PICK’ FOR FED CHAIRMAN
After months of pressure from President Donald Trump, the Fed cut interest rates in its past two announcements.
Though the board is divided, Powell is expected to announce interest rate cuts for the third straight time.
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