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

KSL at Night

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

Clean

Published on Sep 18, 2024, 7:15:10 PM
Total time: 00:09:18

Episode Description

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.

More about KSL at Night

The latest in news and politics with a range of hosts every night. KSL at Night gives a refreshing take on the day's news with each host bringing their unique perspective and expertise to the conversation.