Is it possible to change the clip speed. There appears not to be any option to either change the speed or play direction of a clip.
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Variable speed controls have been added. I hope you find them useful.
Note: With variable speed control in Premiere Rush, there is no option to reverse speed; a popular feature request. If you or others would like to upvote a feature request for reversing speed, or to comment on that topic, see this thread here.
Since the variable speed controls feature has been added, this discussion is now locked.