The Federal Reserve cuts interest rates for the first time since 2020
The 11th Hour with Stephanie Ruhle
MS NOW, Stephanie Ruhle
4.4 • 3.6K Ratings
🗓️ 19 September 2024
⏱️ 43 minutes
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Summary
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| 0:00.0 | Tonight Vice President Harris urges voters to reject Trump's plan for mass |
| 0:05.6 | deportations. Well the former president claims the nation is under siege |
| 0:09.7 | from immigrants. Then weeks ahead of election day the Fed makes a long-awaited move |
| 0:14.7 | slashing interest rates for the first time since 2020. Plus the woman who may be |
| 0:20.6 | the Democrats best weapon in the fight for abortion rights. |
| 0:24.4 | I'll be speaking with Hadley Duval, as the 11th hour gets underway on this Wednesday night. Good evening once again. I am Stephanie Rule and we are now just 48 days away |
| 0:41.2 | from Election day. |
| 0:42.8 | Are you ready for this? |
| 0:43.8 | That is less than seven weeks. |
| 0:45.4 | You might have a doctor's appointment scheduled |
| 0:47.6 | after the election at this point. |
| 0:49.5 | And today, Americans got some really, really good news about the economy. The Fed decided to go big |
| 0:55.8 | with its first cut to interest rates since 2020, a half point. That means in the |
| 1:01.7 | middle of an election where many Americans say the economy is their top issue, |
| 1:06.2 | mortgages and credit card bills are about to get more affordable. |
| 1:09.9 | It is another top issue for Americans immigration. |
| 1:13.6 | The Vice President talked about that when she spoke to the Congressional Hispanic |
| 1:17.2 | Caucus earlier today. |
| 1:20.3 | And together, CHC, we must also reform our broken immigration system. |
| 1:24.7 | And protect our dreamers and understand we can do both, create an earned pathway to citizenship and ensure our |
| 1:37.4 | border is secure. We can do both and we must do both. |
| 1:41.6 | Donald Trump and his extremist allies will keep trying to pull us backward. |
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