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The Fox News Rundown

Business Rundown: The Fed's "Wait And See" Approach

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.41.5K Ratings

🗓️ 21 March 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

On Wednesday, the Federal Reserve said they’re holding off on any change in its benchmark interest rate. They want more clarity on how the economy is doing and where inflation is headed as President Trump doubles down on his promise for more tariffs coming in April. While Fed Chair Jerome Powell said the U.S. economy remains solid, he also expects the economy to grow more slowly this year and next. FOX Business’ Lydia Hu speaks with the President of Mahoney Asset Management, Ken Mahoney, to discuss how the markets are navigating the Fed’s latest decision, the President’s policies, and the other major business news this week. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by Vanta.

0:03.5

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0:17.6

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0:19.7

and proactively manage vendor risk to

0:22.2

help your team stay compliant. Head to vanta.com slash Spotify to learn more.

0:28.4

I'm Lydia Who, and this is the Fox Business Rundown.

0:37.1

Friday, March 21st, 2025, President Trump has been making some big moves in his first 100 days.

0:44.2

And like many investors and everyday Americans, we learn this week, the Fed is also curious to see how his policies will play out.

0:53.1

Headlines are scaring a lot of people.

0:55.0

They're running to one side of the boat, so to speak.

0:57.0

The sentiment is ugly.

0:59.0

But that's a great setup to be picking, you know, which once we're leaders, then the video, Microsoft.

1:04.0

On Wednesday, the Federal Reserve said they're holding off and any change in its benchmark interest rate.

1:10.0

They want more clarity on how the economy

1:12.2

is doing and where inflation is headed as President Trump doubles down on his promise for more

1:18.3

tariffs coming in April. While Fed Chair Jerome Powell said the U.S. economy remains solid,

1:24.0

he also expects the economy to grow more slowly this year and next year.

1:29.6

Reacting to the news Wednesday, President Trump posted on Truth Social,

1:33.9

the Fed would be much better off cutting rates as U.S. tariffs start to transition, ease their way into the economy.

1:41.6

So, how are investors navigating the market? Ken Mahoney is the president of Mahoney

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