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What makes this week's Federal Reserve meeting unprecedented

Season 2025 Episode 259 | 5m 21s

The Federal Reserve is expected to cut its benchmark interest rate by a quarter of a point when it meets on Wednesday, the first cut in about a year. It has been described by those who watch the Fed as the most unprecedented meeting in many years due to political pressure from President Trump. Geoff Bennett discussed more with David Wessel of the Hutchins Center on Fiscal and Monetary Policy.

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