Question regarding Adobe Premiere

[Shaye87]

Hi there, see the following picture:

What these two buttons basically do is forwarding and/or rewinding faster or slower the current file [whether it's audio or video].
What I want to know is how can I do it so it actually effects my current video or audio so that whenever I save my file or export the movie, the same way I hear it when i press those buttons above, I will hear it in the exported file...

Thanks a lot.

 

[Shaye87]

Yeah well, I can't find it in premiere then. What's the effect called? tried a few but none seemed to do what I want

 

[Shaye87]

Right click the clip on the timeline, adjust the speed.

Great that worked!
Now 1 more thing, whenever I adjust the selected clip's speed, it automatically cuts it.
Say I reduce the speed to 65% from 100%, then it will play the beginning of the clip at the reduced speed, but the end of the clip is kinda "lost"...
any idea on that one?

thanks a lot