Big Take Podcast

The Fed (Finally) Lowered Interest Rates

The Fed cut interest rates Wednesday by half a percentage point. On today’s Big Take podcast, what that means for the economy — and everyday consumers.

Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington, DC, on Sept. 18.

Photographer: Al Drago/Bloomberg
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Bloomberg’s Enda Curran joins host Sarah Holder to talk about what effects we can expect to see as the rate cut ripples through the US economy and the world — and hits our wallets.