Home
cover of episode The Fed’s Latest Cut…. Plus Super Micro’s Red Flags 11/7/24

The Fed’s Latest Cut…. Plus Super Micro’s Red Flags 11/7/24

2024/11/7
logo of podcast CNBC's "Fast Money"

CNBC's "Fast Money"

Chapters

The chapter discusses the implications of the Federal Reserve's quarter-point rate cut on mortgages, credit cards, auto loans, and other financial products. It also delves into the Fed's future policy outlook under a new administration and the potential impact on the economy.
  • Fed cuts rates by a quarter point to 4.63%.
  • Chair Jerome Powell addresses potential changes under a new administration.
  • Market reaction to the rate cut and Powell's comments.
  • Discussion on the neutral rate and future rate cuts.

Shownotes Transcript

The Central Bank cutting interest rates by a quarter point, as the Fed’s easing policy unfolds. What the move means for mortgages, credit cards, auto loans, and more. Plus Super Micro still reeling after its accounting and filing woes. But were the red flags hiding in plain sight? How the warning signs started emerging, and how AI helped raise the alarm bells..

Fast Money Disclaimer)