The Fed cut rates ... now what? (featuring: Sasquatch)

It's ... Indicators of the Week! We roundup the economic indicators that caught our eyes and ears. This week, all our attention was on the Federal Reserve, which cut interest rates by half a percentage point. (Egad!) On today's episode, we've got dot plots, why the Fed rate cut may not bring immediate relief, and ... Sasquatch?!Related Episodes: Has the Fed lost the dot plot? Are both rents AND interest rates too dang high?When mortgage rates are too low to give upRelated Reading: Mortgage Rates Puzzle Is a Worry for Housing and the FedFor sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy