cover of episode Should the Fed Stay Independent? & Disney Parks Get Even Bigger

Should the Fed Stay Independent? & Disney Parks Get Even Bigger

2024/8/12
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Morning Brew Daily

Chapters

Former President Trump and J.D. Vance advocate for more presidential influence over the Fed's interest rate decisions, sparking debate on the importance of central bank independence.
  • Trump believes his business background gives him better instincts than current Fed officials.
  • Many investors and economists argue that central bank independence is crucial for long-term economic stability.
  • Jerome Powell emphasizes the Fed's commitment to data-driven decisions, free from political influence.

Shownotes Transcript

Episode 385: Neal and Toby discuss Trump’s comments on wanting to change the independence of the Fed, which has historically been immune from political partisanship. Then, how NBC handled the coverage of the 2024 Paris Olympics in a constantly changing media landscape. Next, Disney reveals details of its massive investment to its parks around the world, including a ‘Villains Land’ that hopes to bring back waning theme park visitors. Plus, the weekend’s biggest winners: the Reynolds-Lively household and China’s newest richest person. Meanwhile, Halloween decorations are starting to show up on shelves as ‘Summerween’ is in full effect. Lastly, the biggest news to know for the week ahead. 

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