Powell’s value-added messaging

Federal Reserve policymakers met this week and announced they’re cutting interest rates by half a percentage point. That’s meant to buoy the economy, but getting the public to understand why rates have been high, and why now’s the time to cut, is tricky. In this episode, experts weigh in on Chair Jerome Powell’s communication prowess. Plus, Gen Zers feel the pain of a tight job market combined with high prices, and we travel back in time to a Fed rate cut in 2019.

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Every weekday, host Kai Ryssdal helps you make sense of the day's business and economic news — no econ degree or finance background required. "Marketplace" takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.