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A Loan at Last: Fed Cuts Interest Rates

Sep 18, 2025
Elizabeth Schulze, an economics reporter focused on the Federal Reserve, unpacks the significance of the recent interest rate cut, highlighting a shift towards job support over inflation concerns. Meanwhile, Cheyenne Hazlett discusses the dramatic testimony of former CDC Director Susan Monarez, revealing tensions with RFK Jr. over vaccine policy. The conversation also touches on urgent developments in Gaza, where military actions have led to mass evacuations, showcasing the dire human impact of these geopolitical struggles.
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INSIGHT

Fed Pivot Toward Jobs Over Inflation

  • The Fed shifted focus from inflation to supporting a softening job market and cut rates by 0.25 percentage points.
  • Chair Powell signaled more cuts could follow as tariffs may be a one-time price shock rather than persistent inflation.
INSIGHT

New Fed Voice Raises Independence Questions

  • Stephen Myron dissented, preferring a larger 0.5 point cut and reflecting Trump-aligned thinking on rates.
  • His dual role raises questions about Fed independence and potential White House influence.
ADVICE

Insist On Evidence For Vaccine Policy

  • Demand evidence before changing public-health guidance and resist pre-approving policies sight-unseen.
  • CDC recommendations must remain rooted in credible science, not political directives.
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