• The Fed cuts interest rates for the first time in 4 years

  • Sep 19 2024
  • Length: 10 mins
  • Podcast

The Fed cuts interest rates for the first time in 4 years

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  • Summary

  • Hosts: Leah Murray and Adam Gardiner

    “Bold.” It’s the word being used to describe the Federal Reserve’s rate cut announcement of .5% today. Robert Spendlove, Senior Economist at Zions Bank says he was surprised by such a drastic cut; it’s double what he predicted earlier in the day on KSL NewsRadio. He walks KSL at Night hosts Adam Gardiner and Leah Murray through the process and shares his thoughts on what the rate cut will do in the short and long terms.
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