The Fed has voted to lower interest rates again for the third consecutive time, cutting them by a quarter point. Joining us, chief economist economist economist for the Navy Federal Credit Union and economic columnist for the Washington Post, Heather Long. Heather, thanks for for joining us.All right, so interesting thing in this uh rate cut. There were three dissents. One, Steven Meyn wanted to cut it more by another quarter percent, which is consistent.and he's a Trump appointee. Um he's wanted lower rate ...

Chair Powell, there's been some discussion recently of the 1990s. In the 1990s, the committee did two discrete sequences of three quarter point cuts. One in 199596 and one in 1998.And after both of those, the next move in rates was up, not down. With policy now closer to neutral, is it a foregone conclusion that the next move in rates is down or should we think of policy risks as genuinely two-sided from here. >> So, I don't think that um a a rate hike is anybody's base as the next thing is anybody's base c ...

JUST IN: 🇺🇸 Fed Chair Jerome Powell says interest rates will stay the same or be cut a little, or cut a lot."I don't think a rate hike is anyone's base case." https://t.co/lN01zzVpeM ...

IN YIELD, MAYBE THAT DOES LOOSEN THINGS UP A LITTLE BIT. ALTHOUGH I WASN'T PARTICULARLY ALARMED AT THE LEVEL THAT LONG TERM YIELDS HAD GOTTEN TO IN THIS RUN. >> ALL RIGHT, MICHAEL SANTOLI, MICHAEL, THANK YOU VERY MUCH. ALL RIGHT.LET'S GO BACNOW TO OUR PANEL. WE GOT JIM FRANCIS AND DAVID FRANCIS, I WANT TO GO TO YOU BECAUSE LET'S TALK ABOUT THE JOB MARKET. AND I'M GOING TO COMPARE THE LAST MEETING MINUTES AND YOU'LL FORGIVE ME I GOT TO LOOK DOWN AND READ IT.HERE'S WHAT THEY SAID AT THE LAST MEETING MINUTES A ...

🚨 UPDATE: The New York Fed will buy ~$40B in Treasury bills as part of reserve-management operations.CoinDesk (@CoinDesk):🇺🇸 BREAKING: Jerome Powell and the Federal Reserve have decided to cut interest rates by 25bps. https://t.co/wkFcEhdZmz ...

Federal Reserve lowers interest rates for the third time in a row, marking a continued effort to keep the labor market intact. https://t.co/azl7lwWVBc ...

Federal Reserve lowers interest rates for the third time in a row, marking a continued effort to keep the labor market intact. https://t.co/6OfllI9RDx ...

The Fed just cut interest rates by 25 basis points.They should have done 50. ...

BREAKING: The Federal Reserve has cut interest rates by 25 bps ...

BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 25bps. https://t.co/kiXG9hhVXM ...