In an effort to fight inflation and protect the job market, the U.S. Federal Reserve central bank on September 18 announced it was cutting interest rates by half a percentage point.
This was noteworthy as it represents the first rate cut since 2020, and it is not expected to be the last.
In this episode of the Nexus podcast, we talk to Davinder “D.K.” Malhotra, professor of finance and director of Thomas Jefferson University’s MBA programs, and associate professor of finance Tim Mooney about the importance of the rate cuts – both current and upcoming – particularly what it will mean for students and alumni today and in the future.
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