Investors Await Fed Clues on September Rate Cut

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 30 July 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for July 30. Federal Reserve officials are kicking off their latest rate-setting meeting today against the backdrop of a weakening labor market that’s strengthening the case for future rate cuts. Plus, Venezuelan President Nicolás Maduro cuts ties with Latin American countries raising concerns about fraud in last weekend’s elections. And WSJ foreign correspondent Stephen Kalin describes how Palestinian exile Mohammed Dahlan has emerged as a potential postwar leader for Gaza. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If just thinking about your bills makes you feel confused and disorientated,
0:05.0	like your head is full of Raspberry,
0:08.0	then you need Monzo.
0:10.0	Download your new favorite bank and pay bills from custom pots.
0:15.0	Money never felt like Monzo.
0:18.0	UK residents, Tease and see supply.
0:21.0	Venezuela's Maduro cuts ties with Latin American countries raising concerns about
0:29.4	fraud in last weekend's elections.
0:32.0	Plus, investors await signs on the Fed's next moves
0:36.0	as its latest rate-setting meeting kicks off,
0:39.0	and as fighting in Gaza drags on,
0:42.0	a Palestinian exile emerges as a potential post-war leader.
0:46.6	There are a lot of parties to this conflict and reasons why nobody's political to everybody
0:51.0	together.
0:52.0	Previously in his role as a security chief in Gaza,
0:54.8	he actually went after Hamas and arrested a lot of that.
0:57.4	It's Tuesday, July 30th.
0:59.4	I'm Lou Vargas for the Wall Street Journal,
1:01.6	and here is the AM edition of What's News, the top headlines
1:05.5	and business stories moving your world today.
1:10.9	Thousands of Venezuela took to the streets of the capital Caracas last night
1:14.7	to challenge President Nicholas Maduro's claim that he won the country's
	...

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