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Interest Rates Cut

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Interest Rates Cut

Interest Rates Cut

Interest Rates Cut

  • Download
  • <iframe src="https://www.npr.org/player/embed/1127773/127773" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

NPR's Jim Zarroli has more on the Federal Reserve's move yesterday to cut short-term interest rates. The cut was smaller than expected, but analysts say that's a reflection of the Fed's confidence in consumer spending— which makes up two-thirds of the U.S. economy.