The U.S. Federal Reserve cuts interest rates, signaling that inflation is being tamed. What will be the impact in the country and beyond?

Joining the discussion: 

• Anthony Chan is former Chief Economist at JP Morgan Chase.  
• John Quelch is Vice Chancellor of Duke Kunshan University. 
• Klisman Murati is the founder of Pareto Economics
• Ryan Patel is a Global Business Executive and Senior Fellow at the Claremont Graduate University.  

"The U.S. economy is in a good place and our decision today is designed to keep it there."

Federal Reserve Chair Jerome Powell says the Fed's move to cut interest rates by 0.50 percentage points will help push the country's economy in a positive direction. He added that while… pic.twitter.com/oaLGmuPgmn

— CBS News (@CBSNews) September 18, 2024

The Federal Reserve took the widely expected step Wednesday of announcing its first interest rate cut in years, a move that will have a major impact on the finances of Americans across the board. https://t.co/oniC10uKSu pic.twitter.com/v8cWvPft8S

— Forbes (@Forbes) September 18, 2024