Fed expected to make another cut in final interest rate decision of 2024
The Federal Reserve on Wednesday will make its final interest rate decision of 2024 with a 0.25 percentage point cut expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
![Fed expected to make another cut in final interest rate decision of 2024](https://assets3.cbsnewsstatic.com/hub/i/r/2024/12/18/6a2c12f1-fe4f-4105-907f-0a2ea63ad0cb/thumbnail/1200x630/d8f28493bcb26369317e7d1af1515115/cbsn-fusion-fed-expected-to-make-another-cut-in-final-interest-rate-decision-of-2024-thumbnail.jpg?v=564e83c5974b3893ba1bcac5fe5947af)
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