The Fed's next move
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 15 September 2025
⏱️ 9 minutes
🧾️ Download transcript
Summary
Federal Reserve watchers feel pretty sure the Federal Open Market Committee will cut interest rates by a quarter of a percent this week. The real question? Whether Jay Powell and co. have more rate cuts planned, or if they’re taking it meeting by meeting. Also in this episode: An Atlanta non profit helps refugee women become entrepreneurs and the U.S. TikTok deadline approaches.
Transcript
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| 0:00.0 | Hello, listeners. Marketplace's Webby-winning Kids podcast, Million Bazillion, is back for an all-new season. |
| 0:07.2 | Hosts Bridget and Ryan are answering a whole new set of kid questions about everything from royalties and franchises to why the heck we have a $2 bill. |
| 0:17.0 | Even grownups might learn a thing or two. |
| 0:19.6 | Million Bazillion is presented in partnership with Greenlight, the debit card and money app for kids and teens. |
| 0:25.7 | Give your family the tools to manage money wisely with Greenlight. |
| 0:29.5 | Learn more at greenlight.com slash million. |
| 0:33.0 | And tune in to Million Bazillion wherever you find your favorite podcasts. |
| 0:38.8 | We have got today trade talks, Fed rate cuts, and refugees. From Marketplace, I'm Sabri |
| 0:46.2 | Beneshore, in for David Brancaccio. According to President Trump, the U.S. and China |
| 0:50.4 | have just about reached a deal on TikTok. U.S. and Chinese negotiators are wrapping up a |
| 0:55.5 | second day of talks in Madrid. In July, the U.S. and China reach a temporary tariff truce that |
| 1:01.5 | expires in November. Negotiators are trying to resolve that as well. The BBC's Katie Silver has been |
| 1:07.6 | taken a look. They are trying to keep a very fractured US-China trade relationship from collapsing, |
| 1:14.1 | especially given all of the talks that we've had in recent months when it comes to tariffs. |
| 1:17.6 | Now, part of the conversation is definitely going to be TikTok. |
| 1:20.2 | The deadline for the Chinese owner of TikTok, that is Bight Dance, |
| 1:23.8 | to find a buyer in the US or face a ban, is Wednesday. |
| 1:27.2 | It's expected to be delayed for a fourth |
| 1:29.3 | time or extended, but that is certainly something that is looming and we have seen earlier this year. |
| 1:34.1 | TikTok taken offline for about 12 hours, given all of these tensions. When it comes to this particular |
| 1:39.2 | part of the conversation President Trump has told reporters, we may let TikTok die or we may not. |
| 1:45.4 | I don't know, it depends. |
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