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Business Rundown: A Big Rate Cut Meeting Approaches. Is The Fed "Behind The Curve" Again?

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Manage episode 439767807 series 1763136
Innhold levert av FOX News Radio. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av FOX News Radio eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The August Consumer Price Index gave the Fed the vindication it was looking for: inflation fell to 2.5 percent.

While core inflation remains sticky, Fed Chair Powell has projected confidence in a September rate cut. The decision will be made next week, when economists and investors anticipate the Central Bank will enact its first basis point cut since July 2023.

But how much to cut rates is still unclear. FOX Business correspondent Kelly O’Grady speaks with founder and manager of Capitalist Pig Hedge Fund, Jonathan Hoenig, about what kind of decision the Federal Reserve may make next week and what to make of former President Trump’s new proposals to eliminate taxes on overtime pay.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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3798 episoder

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Manage episode 439767807 series 1763136
Innhold levert av FOX News Radio. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av FOX News Radio eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The August Consumer Price Index gave the Fed the vindication it was looking for: inflation fell to 2.5 percent.

While core inflation remains sticky, Fed Chair Powell has projected confidence in a September rate cut. The decision will be made next week, when economists and investors anticipate the Central Bank will enact its first basis point cut since July 2023.

But how much to cut rates is still unclear. FOX Business correspondent Kelly O’Grady speaks with founder and manager of Capitalist Pig Hedge Fund, Jonathan Hoenig, about what kind of decision the Federal Reserve may make next week and what to make of former President Trump’s new proposals to eliminate taxes on overtime pay.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3798 episoder

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