Morning Macro: Fed Cuts Target Range For Federal Funds Rate

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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 www.schooleddotblog.com.

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