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The photojournalists face misdemeanor charges of disorderly conduct after spending the night in police custody.
A lower Fed benchmark rate would lead eventually to lower rates for auto loans, mortgages and other forms of consumer borrowing and could also boost stock prices.
Police clashed with demonstrators outside a rail station on Madison Street about 7:30 p.m. Tuesday. Those detained are being brought to a police station at Belmont and Western where they are expected to be booked and released.
The official, who spoke to reporters on condition of anonymity in keeping with rules set by the White House, said the proposal currently on the table basically bridges every gap between Israel and Hamas.