The Daily cover image

The Daily

The Economy Is Booming. Or Is It?

Aug 1, 2019
Ben Casselman, an economy reporter for The New York Times, shares insights on the surprising Federal Reserve interest rate cut amid a booming economy. He explores why the government resorted to measures reminiscent of the 2008 financial crisis, discussing the implications of this move for job markets and manufacturing. The conversation highlights the conflicting signals in the economy, such as low unemployment against trade tensions. Casselman also emphasizes the challenges for lower-income individuals and the uncertainties economists face in predicting future economic conditions.
22:08

Episode guests

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode