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The Federal Reserve’s first rate cut in four years should ease some of the financial pressures facing consumers and businesses. But will the reduction achieve what economists call a soft landing? Host Carmel Crimmins is joined by Federal Reserve correspondents Ann Saphir and Howard Schneider to talk rate cuts and consequences. Plus, why Australian mortgage holders are hoping the Fed move resonates Down Under.
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The Federal Reserve’s first rate cut in four years should ease some of the financial pressures facing consumers and businesses. But will the reduction achieve what economists call a soft landing? Host Carmel Crimmins is joined by Federal Reserve correspondents Ann Saphir and Howard Schneider to talk rate cuts and consequences. Plus, why Australian mortgage holders are hoping the Fed move resonates Down Under.
Sign up for the Reuters Econ World newsletter here.
For information on our privacy and data protection practices visit the Thomson Reuters Privacy Statement.
You may also visit megaphone.fm/adchoices to opt out of targeted advertising.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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