The Economy - Interest Rates, Energy, and Tariffs

In this episode, Kate and Ben discuss the current economy and what the new presidential administration has done to effect the economy. 

Research/Resources:

• “Global economic outlook, January 2025” by Ira Kalish. Published in Deloitte website January 24, 2025 and available on https://www2.deloitte.com/us/en/insights/economy/global-economic-outlook-2025.html
• “Global Growth: Divergent and Uncertain” by International Monetary Fund. Published in International Monetary Fund website January 2025 and available on https://www.imf.org/en/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025
• “Federal Reserve issues FOMC statement” by Board of Governors of the Federal Reserve System. Published in Federal Reserve website January 29, 2025 and available on https://www.federalreserve.gov/newsevents/pressreleases/monetary20250129a.htm
• “Fed holds rates steady, takes less confident view on inflation” by Jeff Cox. Published in CNBC website January 29, 2025 and available on https://www.cnbc.com/2025/01/29/fed-rate-decision-january-2025.html
• “US jobs report: Employers add 143,00 jobs in January as unemployment rate sits at 4%” by Paul Davidson. Published in USA Today website February 7, 2025 and available on https://www.usatoday.com/story/money/2025/02/07/jobs-report-january-data/78315117007/ 
• “Unleashing American Energy Executive Order”. Published in U.S. White House website January 20, 2025 and available on https://www.whitehouse.gov/presidential-actions/2025/01/unleashing-american-energy/ 
• “U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4%” by Jeff Cox. Published in CNBC website February 7, 2025 and available on https://www.cnbc.com/2025/02/07/jobs-report-january-2025.html 
• “Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates” by Bryan Mena and Elisabeth Buchwald. Published in CNN website February 6, 2025 and available on https://www.cnn.com/2025/02/06/economy/bessent-interest-rates-without-fed/index.html 

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