We wanted to talk more about this, especially the reaction to the rate cut and why it matters, so we've called Gary Richardson. He's a professor of economics at the University of California, Irvine. He was also the historian for the Federal Reserve system from 2012 to 2016.

Listen in: https://www.npr.org/2019/08/03/747909506/the-fed-is-cutting-interest-rates-why-that-matters

 

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