logo
episode-header-image
Sep 2024
46m 48s

Fed’s Major Rate Cut Could Boost Harris’...

CNN
About this episode
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from mortgages to credit cards. It marks a crucial milestone for the central bank’s historic inflation fight, which kept rates at a bruising 23-year high for more than a y ... Show More
Up next
Yesterday
SCOTUS Ruling Makes Racial Gerrymandering Challenges Harder
Wednesday’s opinion, written by Justice Samuel Alito with the dissent from the court’s three liberals, will make it much harder for voters of color to challenge redistricting plans that allegedly dilute the political power of minority communities. Learn more about your ad choices ... Show More
47m 8s
Apr 29
James Comey Defiant Amid 2nd Indictment
Former FBI Director James Comey was indicted Tuesday over a photo of seashells officials said threatened President Donald Trump, marking the administration’s second attempt to prosecute one of his biggest political opponents, three sources first told CNN. Learn more about your ad ... Show More
44m 34s
Apr 28
Trump & GOP Urge Support for WH Ballroom After Shooting
Prosecutors reveal their case against the man accused of trying to assassinate President Trump. Plus, President Trump called for ABC to fire late-night host Jimmy Kimmel after he jokingly called first lady Melania Trump an “expectant widow” during a White House Correspondents’ Di ... Show More
47m 5s
Recommended Episodes
Sep 2024
Was a 50-basis-point cut too aggressive a move too soon?
The Federal Reserve's interest rate cut was a long time coming, the first rate reduction since 2020. But what was a 50-basis-point cut too aggressive a move too soon as Fed Chair Jerome Powell assures that the central bank is not behind the curve? Takeaways Stock futures (ES=F,  ... Show More
55m 6s
Sep 2024
Is the Fed’s Plan to Avoid a Recession Working?
<p>Preston Caldwell, senior US economist for Morningstar Research Services, discusses why the Federal Reserve made an aggressive interest-rate cut now. And what these lower rates mean for borrowers.</p><p>Morningstar’s Take on the Federal Reserve’s First Interest-Rate Cut in 2024 ... Show More
19m 29s
Jun 2024
What the Bank of Canada’s interest rate cut means for you
<p>The Bank of Canada lowered the interest rate to 4.75 per cent on Wednesday – the first rate cut in <a href="https://www.theglobeandmail.com/business/article-bank-of-canada-interest-rate-announcement-june/">four years</a>. As the country’s central bank aims to get the inflation ... Show More
18m 53s
Sep 2025
The Drama at the Fed as It Debates Cutting Rates
The Federal Reserve faces a pivotal choice this week: cut interest rates to boost a cooling labor market, or hold firm to keep inflation in check. WSJ's Nick Timiraos breaks down the Fed's debate and high-stakes maneuvering as President Trump pushes to expand his influence over t ... Show More
18m 54s
Sep 2024
Fed-letter day: at last, a rate cut
<p>The first <a href="https://www.economist.com/finance-and-economics/2024/09/18/why-the-federal-reserve-has-gambled-on-a-big-interest-rate-cut?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_arti ... Show More
25m 31s
Aug 2024
Lots More: Did the Fed Just Make a Policy Mistake?
This week, the Federal Reserve opted to keep interest rates unchanged while suggesting that it could cut as soon as September. But there's an ongoing discussion about whether or not the Fed is behind the curve, with some of the most recent data suggesting that the economy is alre ... Show More
26m 8s
Jun 2023
The Music Is About To Stop: John Toohig & Randy Woodward on Bank Lending, Deflation, and Secondary Loan Liquidity
Today, Jack speaks with two veteran bankers about bank lending, a key engine of the real economy, and where it is headed. John Toohig, Head of Whole Loan Trading at Raymond James, and Randy Woodward, managing director at Raymond James, join Forward Guidance to share how the rapid ... Show More
1h 19m
Feb 2025
Why should the left care about central banks?
The price of your food shop rocketed because of inflation and now your mortgage is going up hundreds of pounds because the Bank of England decided to increase interest rates. You might be struggling to make ends meet and wondering why our central bank has made your life more diff ... Show More
38 m