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The Fed: will it be 25 or 50?
Sep 10, 2024
In this engaging discussion, Jay Powell, the chair of the US central bank, dives into the uncertain waters of potential interest rate cuts. He hints at forthcoming reductions but leaves the exact figures up for debate. The hosts, Katie Martin and Rob Armstrong, passionately argue the merits of a 25 versus a hefty 50 basis point cut. They also humorously critique Apple’s latest phone while exploring the technological advancements in veterinary care, blending serious financial insights with lighthearted storytelling.
20:39
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Quick takeaways
- The debate over whether the Federal Reserve should cut interest rates by 25 or 50 basis points reflects varying perceptions of economic health and stability.
- Recent job creation trends indicate a slowdown, raising concerns about a potential recession and its influence on Federal Reserve policy decisions.
Deep dives
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