Fed Cuts Interest Rates Federal Reserve policymakers cut interest rates by half a percentage point to levels not seen since the early 1960s. But some economists don't believe the cut will help jumpstart the sluggish economy. NPR's Jack Speer reports.
NPR logo

Fed Cuts Interest Rates

  • Download
  • <iframe src="https://www.npr.org/player/embed/834495/834496" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Fed Cuts Interest Rates

Fed Cuts Interest Rates

Fed Cuts Interest Rates

  • Download
  • <iframe src="https://www.npr.org/player/embed/834495/834496" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Federal Reserve policymakers cut interest rates by half a percentage point to levels not seen since the early 1960s. But some economists don't believe the cut will help jumpstart the sluggish economy. NPR's Jack Speer reports.