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cover of episode The Fed Cuts Interest Rates and Trump Goes Crypto | Daniel Dae Kim

The Fed Cuts Interest Rates and Trump Goes Crypto | Daniel Dae Kim

2024/9/19
logo of podcast The Daily Show: Ears Edition

The Daily Show: Ears Edition

Chapters

The Federal Reserve implemented its first interest rate cut since COVID-19, significantly impacting the economy and consumer finances. This move aims to stimulate economic activity by making borrowing more affordable, ultimately influencing spending and investment.
  • The Federal Reserve cut interest rates by half a percentage point.
  • Lower interest rates can lead to cheaper car payments, credit card payments, and home loans.
  • The economy is a top concern for voters in the upcoming election.

Shownotes Transcript

Ronny Chieng covers a big day for economic news, including the Federal Reserve slashing interest rates and Donald Trump launching a new cryptocurrency business with his semi-adult sons. Josh Johnson hits the gym, to ask manly men what celebrity endorsement would speak the most to them, and what "masculine" ideals they want to see from a presidential candidate. Plus, actor Daniel Dae Kim sits down with Ronny to discuss his role in the new Broadway play “Yellow Face.” 

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