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6/17: The Takeout with Major Garrett

6/17: The Takeout with Major Garrett

Summary

U.S. officials revealed the terms of a new deal with Iran. The Federal Reserve kept interest rates unchanged in its first decision since Kevin Warsh became chair.

Key Facts

  • The U.S. made a new agreement with Iran and shared the details publicly.
  • The Federal Reserve decided not to change interest rates at this meeting.
  • Kevin Warsh is the new chair of the Federal Reserve.
  • This was the first interest rate decision under Chair Warsh's leadership.
  • The decision to keep rates steady affects borrowing costs for individuals and businesses.
  • The announcement was covered by CBS News on June 17.
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