Fed Lowers Interest Rates but Powell Sows Doubt About December Cut cover art

Fed Lowers Interest Rates but Powell Sows Doubt About December Cut

Fed Lowers Interest Rates but Powell Sows Doubt About December Cut

Listen for free

View show details

About this listen

 P.M. Edition for Oct. 29. The Fed cut interest rates by a quarter percentage point today, as was widely expected. But comments from Fed Chair Jerome Powell cast doubt on another cut in December. WSJ chief economics commentator Greg Ip joins to discuss. Plus, a trio of big tech companies report quarterly earnings that exceed analyst expectations… mostly. And a Senate proposal to raise the limit on insured deposits is creating surprising political alliances—and, as WSJ reporter Dylan Tokar explains, would be a nightmare scenario for the nation’s biggest banks. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.