Why the Federal Reserve wants to avoid an aggressive rate cut
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Why the Federal Reserve wants to avoid an aggressive rate cut
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Today on the show, we examine what a 3-percentage point cut would actually look like, and why that outcome would likely backfire on the president. Related episodes:
It's hard out there for a Fed chair
Should presidents have more of a say in interest rates?
Can the Federal Reserve stay independent?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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