The Fed says one thing, investors hear another
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 17 June 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
Wall Street investors bet on extra rate cuts this year, in spite of Fed predictions that there will be just one. Plus, Megabus parent company Coach USA has filed for bankruptcy after ridership dropped during the pandemic and failed to recover. And for Baltimore firms, work on the Francis Scott Key Bridge reconstruction is personal.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Marketplace is funded by the public for the public. |
| 0:04.0 | Your financial support empowers us to dive into the stories that matter most. |
| 0:09.0 | Thank you to those who gave during our May fundraiser and to those who give your round. |
| 0:14.1 | Support is still needed to end our budget year on target. |
| 0:17.8 | Help power this important resource by making your gift at marketplace.org |
| 0:22.2 | slash donate. your |
| 0:27.0 | financial support at marketplace dot org slash donate. Marketplace is funded by the public for the public. |
| 0:30.0 | Your financial support empowers us to dive into the stories that matter most. |
| 0:34.8 | Thank you to those who gave during our May fundraiser and to those who give year round. |
| 0:39.4 | Support is still needed to end our budget year on target. Help power this important resource by |
| 0:45.0 | making your gift at marketplace.org slash donate. |
| 0:50.0 | The Fed says one thing, investors hear another. |
| 0:55.0 | For Marketplace, I'm Nova Sappo and for David Brancaccio. |
| 0:59.0 | A lot of investors are betting that the Federal Reserve did not really mean it when it predicted |
| 1:04.2 | last week that we're likely to get just one interest rate cut this year. |
| 1:08.3 | With inflation looking like it's cooling again, many on Wall Street are thinking two cuts, |
| 1:12.4 | the first as early as September. Again, many on Wall Street are thinking two cuts. |
| 1:12.5 | The first is early as September. |
| 1:14.6 | Meanwhile, no less than seven Fed officials |
| 1:17.7 | are scheduled to make public comments this week. |
| 1:20.1 | And here with some insight into what she'll be listening for is Julia Coronado, |
| 1:24.2 | founder and president of macro policy perspectives. Good morning, Julia. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.