To Wait or Not to Wait? The Risk of Cutting Rates Before the Fed

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 9 May 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for May 9. Europe is moving ahead of the Fed as rate cuts begin in several Western economies. But moving quicker than the U.S. isn’t without its perils, as Paul Hannon explains. Plus, why China wants consumers to trade in their old cars and washing machines. And, Journal tech columnist Christopher Mims shares his tasting notes on synthetic coffees, as climate change spurs the development of alternatives to the real thing. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Oracle.
0:03.0	AI is storming every industry, but how do you compete without costs spiraling out of control?
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0:20.4	Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing.
0:25.0	Take a free test drive at oracle.com slash Spotify.
0:29.0	The US threatens to withhold more weapons for Israel.
0:37.0	Plus, why Beijing wants people to cash in their old cars and rickety home appliances.
0:44.0	You could have chosen a set of policies that would have put more money in people's pockets.
0:47.0	It's really a bailout, if you like, for the supply side of the economy and less, a real effort to boost consumption.
0:53.0	And Uber delivers a surprise loss despite rising revenue.
0:58.0	It's Thursday, May 9th.
0:59.7	I'm Luke Vargas for the Wall Street Journal,
1:01.7	and here is the AM edition of What's News, the top
1:05.2	headlines and business stories moving your world today.
1:12.0	The US is prepared to withhold more weapons for Israel, including artillery shells if it chooses
1:18.0	to mount a major ground operation in Raffa.
1:21.3	Speaking on CNN, President Biden said the U.S. wasn't walking away from
1:25.4	Israel's security and would keep providing defensive systems to fend off missile
1:30.2	attacks, but that it couldn't support an Israeli push into Gaza's population centers.
1:36.4	Earlier this week, the U.S. halted a shipment of bombs to Israel in the clearest rebuke
	...

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