The Jimmy Dore Show | Fed Just Cut Interest Rates - Here’s What It Means! @thejimmydoreshow | Uploaded 2 weeks ago | Updated 1 hour ago
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy, and the upcoming presidential election, is mixed, experts say. The US Fed on Wednesday cut the benchmark federal funds rate by half a percentage point to the 4.75 percent to 5 percent range “in light of the progress on inflation and the balance of risks”, the rate-setting committee said in a statement.
Jimmy and Colonial Metals’ Paul Stone discuss the upside and downside to the Fed’s rate cut and why it’s far from a panacea for what ails the U.S. economy.
Paul Stone on Twitter: twitter.com/colonialmetals
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The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy, and the upcoming presidential election, is mixed, experts say. The US Fed on Wednesday cut the benchmark federal funds rate by half a percentage point to the 4.75 percent to 5 percent range “in light of the progress on inflation and the balance of risks”, the rate-setting committee said in a statement.
Jimmy and Colonial Metals’ Paul Stone discuss the upside and downside to the Fed’s rate cut and why it’s far from a panacea for what ails the U.S. economy.
Paul Stone on Twitter: twitter.com/colonialmetals
Go to http://colonialmetalsgroup.com/jimmy-dore-show or call 888-910-1419 and you’ll receive a safe and up to $10,000 in free silver.
Become a Premium Member: jimmydore.com/premium-membership
Go to a Live Show: jimmydore.com/tour
Subscribe to Our Newsletter: https://mailchi.mp/jimmydorecomedy/ytlivestreams
LIVESTREAM & LIVE SHOW ANNOUNCEMENTS:
Email: https://mailchi.mp/jimmydorecomedy/ytlivestreams
Twitter: twitter.com/jimmy_dore
Facebook: facebook.com/JimmyDoreShow
Instagram: instagram.com/thejimmydoreshow
WATCH / LISTEN FREE:
Videos: jimmydore.com
Podcasts: jimmydore.com (Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: jimmydore.com/premium-membership
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: jimmydore.com
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): the-jimmy-dore-show.creator-spring.com/?
DOWNLOAD OUR MOBILE APP:
App Store: apps.apple.com/us/app/jimmy-dore/id839294547
Google Play: play.google.com/store/apps/details?id=com.jimmydore.jimmydore
Jimmy Dore on Twitter: twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
