Fed Cuts Rates: What’s Next for Inflation? | EWTN News Nightly

About this sermon

The Federal Reserve has cut a key interest rate by a quarter-point — the first rate cut since December — and signaled the possibility of two more cuts before the end of the year. Lower rates could help reduce borrowing costs for mortgages, car loans, and business loans, potentially boosting hiring and overall economic activity. Wall Street responded positively, with the Dow Jones Industrial Average initially jumping 200 points. Todd Stankiewicz, co-portfolio manager of the Free Markets ETF, joins to discuss the implications. He shares when we might reach that "sweet spot" of stimulating growth while containing inflation and what key economic indicators Americans should watch to gauge whether the Fed's approach is succeeding. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf