What’s at stake in a crucial week for the Federal Reserve

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  Hey there, it's Shamita.

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  It helps other people find our show and it helps us know what you like about it.

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  Thanks.

• 00:19

  Good morning.

• 00:23

  It's Monday, September 15th.

• 00:25

  I'm Shamita Basu.

• 00:27

  This is Apple News Today.

• 00:29

  On today's show, how Charlie Kirk represented the modern GOP,

• 00:34

  the new policy that's left transgender veterans feeling betrayed,

• 00:38

  and takeaways from Pope Leo's first interview.

• 00:51

  But first, to the economy.

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  It's a crucial week for the Federal Reserve as the central bank grapples with a slowing job market,

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  inflation, and an overall uncertain economic outlook.

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  At its policy meeting this week,

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  the Fed is expected to cut the nation's benchmark interest rate after holding steady for the past nine months.

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  They're likely to do so even

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  though inflation has stopped declining and in fact looks a little bit worse than it did a few months ago.

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