Hosted by Kai Ryssdal, our flagship program is all about providing context on the economic news of the day. Through stories, conversations and newsworthy numbers, we help listeners understand the economic world around them.
There’s a lot the Federal Reserve can do to keep credit moving and help businesses weather the storm caused by the new coronavirus disease. Today, the Fed cut interest rates by a half point. But rates are already low, and in a COVID-19 outbreak, what if the economy needs more than the Fed can give? Plus, we’ll talk about what that decision might have been like in the Federal Open Market Committee and the reaction from the G-7 and the Treasury.