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
February 19, 2026 - PBS News Hour full episode
57:46
February 19, 2026 - PBS News Hour full episode
February 18, 2026 - PBS News Hour full episode
57:46
February 18, 2026 - PBS News Hour full episode
February 17, 2026 - PBS News Hour full episode
57:46
February 17, 2026 - PBS News Hour full episode
February 16, 2026 - PBS News Hour full episode
57:46
February 16, 2026 - PBS News Hour full episode
February 13, 2026 - PBS News Hour full episode
57:46
February 13, 2026 - PBS News Hour full episode
February 12, 2026 - PBS News Hour full episode
57:46
February 12, 2026 - PBS News Hour full episode
February 11, 2026 - PBS News Hour full episode
57:46
February 11, 2026 - PBS News Hour full episode
February 10, 2026 - PBS News Hour full episode
57:46
February 10, 2026 - PBS News Hour full episode
February 9, 2026 - PBS News Hour full episode
56:45
February 9, 2026 - PBS News Hour full episode
February 6, 2026 - PBS News Hour full episode
57:46
February 6, 2026 - PBS News Hour full episode
February 5, 2026 - PBS News Hour full episode
57:46
February 5, 2026 - PBS News Hour full episode
February 4, 2026 - PBS News Hour full episode
56:44
February 4, 2026 - PBS News Hour full episode
Active loading indicator