The Federal Reserve left its benchmark interest rate unchanged after meeting yesterday, despite repeated pressures from President Trump to cut rates. But not everyone at the Fed was happy about it. On the show today, Marketplace’s Nancy Marshall-Genzer joins Kimberly to fill us in on the recent debate over lowering interest rates and the political tension surrounding the Fed. Plus, thriving raspberry bushes make us smile.
Here’s everything we talked about today:
- "The Federal Reserve leaves interest rates unchanged" from Marketplace
- "Fed's Powell sticks with patient approach to rate cuts, brushing off Trump's demands" from AP News
- "Could Trump use Fed HQ renovations as a pretext to fire Powell?" from Marketplace
"What’s Holding Trump Back From Firing Powell" from The Atlantic
We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
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