The Fed Rate Cut is a New Beginning

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 21 September 2024

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Mortgage rates are down! Inflation is less inflation-y! Felix Salmon, Emily Peck, and Elizabeth Spiers discuss what the Fed’s interest rate cut means for the American economy — and American voters. Also: Trump is promising tax cuts like there’s no tomorrow, but are any of them good ideas? And Axel Springer is spinning off its media empire in yet another news business shakeup. In the Plus bonus mini-episode: Tupperware is bankrupt, but it shall live on in the underground communist container-sharing network. Here’s a link to the Yukiko Morita bread lamps Emily mentioned in the numbers round. Want more Slate Money? Subscribe to Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. Subscribe now on Apple Podcasts by clicking “Try Free” at the top of the Slate Money show page. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jared Downing and Cheyna Roth. Public.com+Public Investing Disclosure: Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:17.0	Hello and welcome to sleep Money, your guide to the business and finance news of the week. I'm Felix Simon of Axios with Elizabeth Spires of Slate in New York Times.
0:21.0	Hello.
0:22.0	With Emily Peck of York Times. Hello?
0:23.0	With Emily Peck, Baxios.
0:25.0	Hello?
0:26.0	Guess what, folks?
0:28.0	The Fed cut interest rates.
0:30.0	The stock market is at record highs.
0:32.0	Of course we are going to talk about that.
0:34.5	There's a presidential election campaign on
0:36.6	and people are wanting to cut taxes.
0:39.3	So we're going to talk about that.
0:41.0	There is all manner of M&A craziness going on in the media industry.
0:45.4	We are in the media industry. So we're going to talk about that.
0:48.3	Tupperware has filed for bankruptcy. We're going to talk about that, but you need to be a
0:51.8	slate plus member to listen to that bit.
0:54.0	It's a fun conversation.
0:55.0	It's all coming up on Slate Money. How do a custom orders work on Cracken? Imagine I'm a music producer, dialing in my newest track.
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1:24.0	Go to Krakan.com and see what crypto can be.
	...

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