Big Take Podcast
What a September Cut Could Mean for the Economy and the Election
The time has come for a rate cut. On today’s Big Take podcast, what that cut could look like — and mean for the economy and the US election.
This article is for subscribers only.
Never miss an episode. Follow The Big Take daily podcast today.
The time has finally come for a rate cut. That was the takeaway of Fed Chair Jerome Powell's remarks in Jackson Hole on Friday when he let the world know to expect a cut at the next Fed meeting in September.
Bloomberg’s Mike McKee joins host Sarah Holder from Jackson Hole to discuss what that cut could look like — and what it would mean for the economy, the US election and the American consumer.