Dec. 6, 2024

Will the Fed Cut Interest Rates? Predictions for December 2024

Will the Fed Cut Interest Rates? Predictions for December 2024
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Rubber Meets The Road Economics: Exploring the forces shaping our economy with P

Investor Hunter Craig sits down with Professor Edwin T. Burton from the University of Virginia to explore the forces driving today’s economic landscape. Together, they delve into the Federal Reserve’s upcoming interest rate decisions, the impact of tariffs on trade and manufacturing, and the complexities of government spending and national debt. Dr. Burton’s insights shine a light on critical economic policies and their implications for businesses, communities, and everyday citizens.

Key Topics Discussed
  • The Federal Reserve’s likely 25 basis point rate cut and its impact on the economy

  • Tariffs as a policy tool and their consequences for U.S. manufacturing

  • Economic disparities and strategies for community revitalization

  • The relationship between government spending, GDP, and the national deficit

Financial Disclaimer

The information provided on this podcast is for educational and informational purposes only. It is not intended as financial advice and should not be relied upon as such. All opinions expressed by the hosts, guests, or participants are solely their own and do not reflect the views of any companies or organizations they may be affiliated with. We recommend consulting a qualified financial professional before making any financial decisions. Remember, investing and financial decisions carry risks, and it is essential to conduct your own research.

More About Dr. Edwin T. Burton

Dr. Edwin T. Burton is a distinguished professor of economics at the University of Virginia, specializing in finance with a focus on behavioral finance and the theory of financial markets. He has held senior roles on Wall Street and has been a leading figure in public service as the longest-standing trustee of the Virginia Retirement System. Dr. Burton’s popular finance courses at UVA have educated thousands of students, and he continues to provide sought-after insights at high-profile events. His publications, including Behavioral Finance, underscore his expertise in understanding complex economic systems.

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Chapters

00:00 - Introduction to The Rubber Meets The Road Economics Podcast

00:28 - Meet Professor Edwin Burton

00:39 - Federal Reserve and Interest Rates Discussion

01:40 - The Impact of Tariffs on the Economy

02:54 - The Future of U.S. Manufacturing and Trade

04:46 - Addressing Economic Disparities in Communities

08:45 - Understanding Inflation and Tariffs

10:19 - Government Spending and Economic Policies

14:08 - Conclusion and Final Thoughts