Hour 2: Will There Be A Rate Cut?

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3 • 694 Ratings

🗓️ 30 July 2025

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Will the Federal Reserve announce a rate cut today? Remember Cd's they are making a comeback! Z gens are looking to flee to smaller more affordable cities. Michigan is a hot spot! Mark Takes Your Calls! Mark Interviews Author Ann Coulter. Ann and Mark break down how people get influenced by social media, sometimes in negative ways. Zohran Mamdani he will most likely be the next mayor of NYC. The Dems need a better platform to win than Cory Booker speaking on the podium for hours. You can add Hakeem Jeffries to the mix also. Governor Kathy Hochul may add another gun law to NYC since Monday's shooting.

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Transcript

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0:00.0	It's the Marks Among Show on 710 WOR.
0:06.6	Hey, another hot, hot, steamy, sticky day to date.
0:10.7	Now, tomorrow gets back a little more normal.
0:13.3	Go back into the 80s.
0:14.4	It's going to be some rain tomorrow and Friday, but it'll cool off.
0:18.1	This is the last big heat wave day.
0:22.6	And believe it or not, we need rain.
0:32.2	I know it seemed like it rained a lot this summer and spring, didn't it? But it didn't. We're actually about three and a half inches short of what we usually get for the year.
0:40.3	So the Fed will announce something today. It's possible there could be a little rate decrease.
0:42.4	U.S. economy grew 3%. The Fed chairman, Powell, basically an idiot.
0:47.1	Also, he suffers from Trump derangement syndrome.
0:49.9	Hates Trump, hates Trump.
0:51.9	It's one reason he has been avoiding a rate cut.
0:55.3	He just wants to do whatever he can to hurt Trump.
0:58.7	It's pretty obvious.
1:00.0	And also, the Fed is just not good at this anymore.
1:03.9	Their models are all antiquated, don't work.
1:06.4	Even a lot of the Fed commissioners are speaking out against Paul saying he's wrong.
1:10.5	Time to cut rates. Now, he keeps putting this off because speaking out against Powell saying he's wrong. Time to cut rates.
1:12.1	He keeps putting this off because of Trump hatred.
1:14.7	But, you know, the longer you put it off, when you do eventually cut rates, you're going
1:19.1	to have to do a bigger cut because you haven't been doing it along the way.
	...

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