alabdy
07-19-2022, 04:08 AM
The United States economy is in the middle of a record-long expansion. So why is the government deploying an economic weapon it last used during the 2008 financial crisis? Guest: Ben Casselman, who covers the economy for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily (https://www.nytimes.com/thedaily).
Background reading:
The Federal Reserve cut its benchmark interest rate for the first time in more than a decade (https://www.nytimes.com/2019/07/31/business/economy/federal-reserve-interest-rate-cut.html?smid=pc-thedaily) as it tried to insulate the economy from President Trump’s trade war and a global slowdown.
The quarter-point reduction is unlikely to get you a better mortgage rate. Here’s where you might see effects (https://www.nytimes.com/2019/07/31/your-money/fed-interest-rates.html?smid=pc-thedaily).
أكثر... (https://www.nytimes.com/the-daily)
Background reading:
The Federal Reserve cut its benchmark interest rate for the first time in more than a decade (https://www.nytimes.com/2019/07/31/business/economy/federal-reserve-interest-rate-cut.html?smid=pc-thedaily) as it tried to insulate the economy from President Trump’s trade war and a global slowdown.
The quarter-point reduction is unlikely to get you a better mortgage rate. Here’s where you might see effects (https://www.nytimes.com/2019/07/31/your-money/fed-interest-rates.html?smid=pc-thedaily).
أكثر... (https://www.nytimes.com/the-daily)