What effect will the Fed's interest rates cut have and what could happen next

By Leila Fadel

Published September 18, 2025 at 1:06 AM AKDT

NPR talks with Stacey Vanek Smith, a reporter at Bloomberg, about the effect the Federal Reserve's decision to cut interest rates could have.

Leila Fadel

Leila Fadel is a national correspondent for NPR based in Los Angeles, covering issues of culture, diversity, and race.