Skip to main content
Back to Show
PBS News Hour

Powell hints at rate cut, but Fed in 'challenging situation'

In a closely watched speech, Fed Chair Jerome Powell gave the strongest indication yet that the central bank will cut interest rates as soon as September. With inflation ticking up and the job market cooling down, Powell said the Fed was in a “challenging situation.” Amna Nawaz discussed more with Loretta Mester, the former president and CEO of the Federal Reserve Bank of Cleveland.

Support Provided By
Season
January 1, 2026 - PBS News Hour full episode
57:46
January 1, 2026 - PBS News Hour full episode
December 31, 2025 - PBS News Hour full episode
57:46
December 31, 2025 - PBS News Hour full episode
December 30, 2025 - PBS News Hour full episode
57:46
December 30, 2025 - PBS News Hour full episode
December 29, 2025 - PBS News Hour full episode
57:46
December 29, 2025 - PBS News Hour full episode
December 28, 2025 - PBS News Weekend full episode
26:45
December 28, 2025 - PBS News Weekend full episode
December 27, 2025 - PBS News Weekend full episode
26:45
December 27, 2025 - PBS News Weekend full episode
December 26, 2025 - PBS News Hour full episode
57:46
December 26, 2025 - PBS News Hour full episode
December 25, 2025 - PBS News Hour full episode
57:46
December 25, 2025 - PBS News Hour full episode
December 24, 2025 - PBS News Hour full episode
57:46
December 24, 2025 - PBS News Hour full episode
December 23, 2025 - PBS News Hour full episode
57:46
December 23, 2025 - PBS News Hour full episode
December 22, 2025 - PBS News Hour full episode
57:46
December 22, 2025 - PBS News Hour full episode
December 21, 2025 - PBS News Weekend full episode
26:45
December 21, 2025 - PBS News Weekend full episode
Active loading indicator