Photo: #Traders work on the floor of the New York Stock Exchange Tuesday in New York City. The Federal Reserve, in reaction to a severe downturn in worldwide stock markets and concern about a United States recession, reduced its interest rate by three-quarters of a percentage point before the opening NYSC bell.
Larger view
Traders work on the floor of the New York Stock Exchange Tuesday in New York City. The Federal Reserve, in reaction to a severe downturn in worldwide stock markets and concern about a United States recession, reduced its interest rate by three-quarters of a percentage point before the opening NYSC bell. (Stephen Chernin/Getty Images)

Audio

MPR News
Radio

Listen Now

On Air

The Daily Circuit

Schedule

Shortcuts
Hourly Newscast
Hosts
Station Map

Other Radio Streams from MPR

Classical MPR
Radio Heartland

Services

The impact of the Fed's interest rate cut


Listen to program

The Federal Reserve Board's early morning action to cut interest rates is aimed at calming U.S. markets. Midmorning examines the strategy behind this move.

Guests

  • Chris Farrell: Minnesota Public Radio's chief economics editor.
  • Art Rolnick: Senior vice president and director of research at the Federal Reserve Bank of Minneapolis.

More from MPR

Your Voice




Related Topics



Become a sponsor

Most Shared

  1. 'Copyright trolls' target Minnesotans, accusing them of stealing online porn
  2. Allende finds inspiration for novel close to home
  3. Chronic pain increasingly accompanies Minnesota veterans home from war
  4. Meet 'Big Honza,' Montgomery, Minnesota's 12-foot Czech folk hero
  5. New charter school will reuse buildings at Fort Snelling

Latest News & Features


News Cut

with Bob Collins