Fed Chair Jerome Powell speaks to press after cutting rates

After two days of meetings and pressure from President Trump to lower interest rates, Federal Reserve Chair Jerome Powell will hold a press conference to announce the Fed's decision to cut the rate by a quarter percentage point. This is the first time rates have been lowered in more than ten years.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. T
he network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

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