IBJ Podcast: Pete the Planner on the impact of interest rate cuts

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The Federal Reserve has indicated interest rate cuts are coming after policy makers spent the past two years using higher rates to try to tamp down inflation. IBJ personal finance columnist Peter Dunn, known to many readers as Pete the Planner, talks in this week’s IBJ Podcast about how reduced rates will stoke the economy as businesses and consumers start spending and investing.

Dunn explains why “people make really dumb decisions” when interest rates fall and consumer confidence rises. And he explains what might be a better option.

Dunn also references his “power percentage” calculation, which he has written about in the past. You can read a column about the power percentage here.

Click here to find the IBJ Podcast each Monday. You can also subscribe at iTunesGoogle PlayTune In, Spotify and anyplace you find podcasts.

You can also listen to these recent episodes:

IBJ Podcast: Indy to host rare Catholic gathering bringing tens of thousands of visitors

IBJ Podcast: Artistic director banks on broad vision for fledgling Black theater company

IBJ Podcast: Why does the hospital count in Hamilton County keep growing while other counties lose care?

IBJ Podcast: Sushi eatery owner expanding in Mass Ave area with new restaurant, refreshed Metro

IBJ Podcast: Pete the Planner on the best and worst ways to handle a big inheritance

Looking for another podcast to try? Check out IBJ’s The Freedom Forum with Angela B. Freeman, a monthly discussion about diversity and inclusion in central Indiana’s business community.

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