BURLINGTON, Vt. (WCAX) – Federal Reserve Chairman Jerome Powell has indicated the feds are poised to begin cutting their benchmark interest rate as soon as next week. It would be the first cut to interest rates in more than four years.
So what does that mean for Vermonters? Our Kiana Burks asked Harry Jacobson, the CFO at the Vermont Federal Credit Union. Watch the video to see their full conversation.