About this episode
This week, the Federal Reserve is gathering to make its latest interest rate decision. The central bank is widely expected to hold rates steady, but the FOMC September meeting will give us a lot of clues about the future of the economy and the direction of the stock market. Former Fed official Vincent Reinhart, now chief economist at Dreyfus and Mellon, talks about how a new approach from the central bank could affect our money. We’ve also got our eyes on FedEx . The shipping giant is expected to report earnings this week, and WSJ reporter Esther Fung is here to explain its recent struggles , how it is competing with UPS and what this means for shareholders. And we’re talking about ESG. It’s one of the most talked-about terms in investing, but what do those letters actually mean? Take a listen to get a better grip on the markets for the week of September 17. Further Reading An Important Shift in Fed Officials’ Rate Stance Is Under Way Pushing Inflation to Fed Target Will Run Into Tight Labor Market, Researcher Says FedEx Quarterly Sales Fall 10% as Shipping Struggles Continue Looking for an Alternative to ESG Investing? Here’s One Possibility Learn more about your ad choices. Visit megaphone.fm/adchoices