Watch: Powell speaks on economy a week after Fed agrees to interest rate cut

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Watch: Powell speaks on economy a week after Fed agrees to interest rate cut

Federal Reserve Chair Jerome Powell gave remarks from Providence, Rhode Island, Tuesday on the U.S. economy, just a week after the nation’s central bank agreed to lower interest rates by a quarter of a point.

The rate drop was the first since President Trump returned to the White House as the Fed attempts to ease pressure on the job market following two dismal job reports. The move also came after months of pressure from the Trump administration.

Watch a replay of video coverage above.