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The Indicator from Planet Money

The Fed cuts rates, America's FICO dips, and forever ends for sweepstakes winners

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 19 September 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. 

On today’s show: A rate cut and drama at the Federal Reserve, the average American gets a little less creditworthy, and those giant check sweepstakes winners? Well, they might have to get a job soon. 

Related episodes: 
Why an aggressive rate cut could backfire on Trump 
Trump's unprecedented attack on the Fed 
What goes into a credit score? 

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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Transcript

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0:00.0

NPR.

0:11.7

This is the indicator from Planet Money.

0:13.8

I'm Waylon Wong.

0:15.0

I'm Adrienne Ma.

0:16.0

And joining us today is a little surprise guest, producer Cooper Katz McKim.

0:22.3

I am here. I have ascended to the highest level. Darian Woods, I've taken his role.

0:28.2

Oh, doing the accent work.

0:31.6

You know, I don't think people will know the difference. We'll find out. No, I just said who I was.

0:37.2

Well, Adrian and Cooper, this is a special day, not just because Cooper is here filling in.

0:42.3

It is Indicators of the Week.

0:45.6

Ah, the crowd goes wild.

0:48.2

We have looked at interesting numbers in the news this week, and we're here to tell you all about them.

0:53.1

Today on the show, the Federal Reserve finally cuts interest rates.

0:57.5

America's credit score goes down, and sweepstakes winners may have to go get a day job.

1:04.5

That is after the bryke.

1:13.2

There's a lot going on right now.

1:19.8

Mounting economic inequality threats to democracy, environmental disaster, the sour stench of chaos in the air.

1:21.9

I'm Brooke Gladstone, host of WNYC's On the Media.

1:25.6

Want to understand the reasons and the meanings of the narratives that led us here?

1:31.2

And maybe how to head them off at the pass?

1:34.0

That's on the media's specialty.

1:36.0

Take a listen wherever you get your podcasts.

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