cover of episode What the Coming Fed Rate Cut Means for Markets & Logan Paul vs. Lunchables

What the Coming Fed Rate Cut Means for Markets & Logan Paul vs. Lunchables

2024/9/18
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The Federal Reserve is expected to cut interest rates, marking a shift from its focus on inflation to preventing a recession. Experts debate whether the cut will be 25 or 50 basis points, with the latter being a more aggressive move. This rate cut, regardless of size, will lower borrowing costs and hopefully stimulate economic activity.
  • The Federal Reserve is expected to cut interest rates today.
  • The decision hinges on a 25 or 50 basis point cut, impacting borrowing costs.
  • A rate cut aims to stimulate economic activity and potentially achieve a "soft landing" for the economy.

Shownotes Transcript

Episode 412: Neal and Toby preview the much anticipated Federal cut to interest rates after months of waiting for a green light. Then, Instagram automatically sets all teen accounts to private in an effort to increase child safety on social media. Plus, Oracle has been quietly riding the AI wave, which has made founder Larry Ellison the 3rd richest person in the world. Very nice. Meanwhile, YouTube's dream team of MrBeast, Logan Paul, and KSI team up to take on the school lunch industry with their own packaged lunch. Next, Michael Kors admits selling handbags is hard, especially in the age of TikTok and Taylor Swift. Lastly, popular video game Flappy Bird makes its triumphant return, but without the blessings of its original creator. Subscribe to Morning Brew Daily for more of the news you need to start your day, share the show with a friend, and leave us a review on your favorite podcast app.

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00:00 - Liverwurst

3:30 - Federal Reserve makes its cut

9:10 - Instagram goes private for teens

12:30 - Larry Ellison moves up the billionaires ranking

18:15 - Michael Kors testifies to FTC

22:15 - YouTubers are going after Lunchables

25:50 - Flappy Bird returns

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