What does the Fed’s 0.5% interest rate cut mean for the US economy?
This morning, Morning Joe economic analyst Steve Rattner took time to walk viewers through what the Federal Reserve slashing the benchmark interest rate means for the US economy.
And how the Fed comes to its decisions regarding rate cuts. It’s worth bearing in mind the Fed Chair Jerome Powell was appointed by Donald Trump.
Here’s our coverage of the news from yesterday:
Oliver O’Connell19 September 2024 17:40
Trump vows to visit city where pet-eating rumors originated, despite GOP mayor warning against it
The former president made the announcement at a rally in Uniondale, New York on Wednesday night.
Katie Hawkinson reports.
Oliver O’Connell19 September 2024 17:30
Watch: Hillary Clinton as bemused as anyone over Republican allegiance to Trump
Oliver O’Connell19 September 2024 17:20
UPDATE: Trump’s Brooklyn visit called off, report says
Former President Donald Trump …