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Morning Macro: Fed Cuts Target Range For Federal Funds Rate

In The Moment ... November 4, 2019 Show 693 Hour 1

You might have heard last week that the Federal Reserve's Open Market Committee cut its target range for the federal funds rate. And while that generates a fair amount of financial press, it can sound like a macroeconomic mystery. Fortunately, it's time to bring back Morning Macro with Joe Santos.

Morning Macro is a weekly feature where Joe Santos explores and explains the nuances of macroeconomics. You can follow his weekly blog updates at

  Support for journalism and stories about business and community development is supported on SDPB by Horton Incorporated in Britton South Dakota

Lori Walsh is the host and senior producer of In the Moment.