Fed lifts rates, undeterred by Trump tweets

Published December 19, 2018 77 Plays

Rumble / Trending NewsThe U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year. Asked if the bank was influenced one way or another by President Donald Trump's critical tweeting, Chairman Jerome Powell said the Federal Reserve is data driven and nonpartisan in its decision making. Rough Cut (no reporter narration).