Several Federal Reserve Officials Saw Case for July Rate Cuts
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 21 August 2024
⏱️ 14 minutes
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| 0:00.0 | If only life had a remote control, you could pause or rewind. |
| 0:03.6 | Well, life doesn't always give you time to change the outcome, but pre-diabetes does. |
| 0:08.5 | Take the one minute risk test today at do I have pre-diabetes.org. |
| 0:12.2 | Brought to you by the Ad Council on its Pre-Dibee's Awareness Partners. |
| 0:15.0 | The Fed's July minutes show that several officials supported cutting rates |
| 0:21.0 | as new data revealed the U. market was weaker than previously reported. |
| 0:26.2 | Plus Ford shrinks its EV plans as demand weakens and Democrats try to transform immigration from a political liability |
| 0:36.2 | into a winning issue. |
| 0:38.0 | There is an interesting theme bubbling up where a lot of sort of battle state Democrats are talking about immigration more and more not at the |
| 0:44.8 | DNC but just in their own campaigns in ads and speeches almost actually trying to go on offense |
| 0:50.6 | on the issue. |
| 0:51.6 | It's Wednesday, August 21st. |
| 0:54.3 | I'm Luke Vargas for the Wall Street Journal |
| 0:56.2 | at the Democratic Convention in Chicago, |
| 0:58.4 | and this is the PM edition of What's News, |
| 1:01.4 | the top headlines and business stories that move the world today? |
| 1:04.7 | And before we get to what's happening here in Chicago at the DNC, let's go to New York, |
| 1:18.0 | where my colleague Danny Lewis has been keeping tabs on the day's news. |
| 1:22.0 | Thanks, Luke. Let's start with the Federal day's news. Thanks, Luke. |
| 1:23.0 | Let's start with the Federal Reserve's minutes |
| 1:25.0 | from the last meeting in July. |
| 1:27.0 | According to these minutes, released today, |
... |
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