Fed Makes First Rate Cut Since 2020 | Balance of Power

"Balance of Power" focuses on the intersection of politics and global business. On the show today, Jennifer Harris, International Economist and Former Senior Director for the National Security Council & National Economic Council, weighs in on whether or not the Federal Reserve is too late on their 50 basis-point rate cut in regards to the job market. Terry Haines, Pangaea Policy Founder, discusses the political reaction from the Federal Reserve cutting interest rates by 50 basis-points and states that this Fed is not politicized.

Chapters:
00:00:00 - Balance of Power Begins
00:01:55 - Bloomberg’s Michael McKee on Federal Reserve Cutting Rates by 50 Basis-points
00:04:16 - Bloomberg’s Julie Fine on the Political Reaction Following the Fed Rate Cut
00:08:13 - Bloomberg Mike Dorning on Congressing Fighting to Avoid Shutdown
00:11:10 - Jennifer Harris, Fmr. Senior Director for the National Security Council & National Economic Council, on Rate Cut & Job Market
00:20:31 - Bloomberg’s Michael Shepard on Walkie-talkies Blow up in Lebanon
00:24:20 - Terry Haines, Pangea Policy Founder, on Rate Cut Decision, Fed Not Politicized
00:32:49 - Political Panel on Quinnipiac Poll Showing Harris Leads Trump in PA
00:41:44 - Political Panel on Congress Racing to Avoid Government Shutdown
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