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Marketplace All-in-One

Rates are on their way down. What’s that mean for you?

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 19 September 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

Now that the Federal Reserve has started to cut interest rates, are we headed back to a world of cheap money? This morning, we’ll unpack what yesterday’s rate cut means for car loans, personal loans, credit cards, mortgages and more. Plus, there’s a huge difference that just half a penny can make. We’ll examine a change coming to stock trades. Also on the show: How do you define a supermarket?

Transcript

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0:00.0

Hi I'm Kai Rizdahl the host of How We Survive

0:03.4

It's a podcast from Marketplace. In 1986, before I was a journalist, I was flying for the Navy.

0:09.6

Mr. Gorbachev, tear down this wall.

0:14.4

It was the cold war and my first deployments were intercepting Russian bombers.

0:18.6

Today though, there's another threat out there, climate change.

0:22.6

This could be the warmest year on record.

0:24.6

Climate change is here.

0:25.7

Temperatures here are warming faster than anywhere on Earth.

0:29.5

And while the threat seems new, the Pentagon's been funding studies on climate change since the 1950s.

0:35.9

I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change.

0:44.7

This season, we go to the front lines of the climate crisis

0:47.5

to see how the military is preparing for the threat.

0:51.0

Listen to how we survive, wherever you get your podcasts.

0:56.8

Interest rates are on their way down.

0:59.1

What does that mean for you? From Marketplace, I'm Sabrie Benashore, and for David Brancaccio.

1:05.0

Now that the Fed has started to cut interest rates,

1:08.0

are we headed back to that world of cheap money, cheap mortgages?

1:11.0

What do lower interest rates mean for you?

1:14.3

Marketplace is Nancy Marshall Genser.

1:15.7

It's here live to talk about it.

1:17.0

Hi, Nancy.

1:18.3

Good morning.

...

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