{"623941":{"#nid":"623941","#data":{"type":"external_news","title":"Smarten Up About the Economy","body":[{"value":"\u003Cp\u003EGeorgia Tech School of Economics Associate Professor \u003Ca href=\u0022https:\/\/econ.gatech.edu\/people\/person\/tibor-besedes\u0022\u003ETibor Besedes\u003C\/a\u003E\u0026nbsp;joined a panel of experts to talk about the economy on \u003Cem\u003E1a\u003C\/em\u003E, a radio show syndicated by \u003Cem\u003ENPR.\u0026nbsp;\u003C\/em\u003EThe episode, entitled \u0026quot;Smarten Up About the Economy,\u0026quot;\u0026nbsp;aired on July 30.\u0026nbsp;\u003C\/p\u003E\r\n\r\n\u003Cp\u003EHere\u0026#39;s an excerpt:\u003C\/p\u003E\r\n\r\n\u003Cblockquote\u003E\r\n\u003Cp\u003E\u003Ca href=\u0022https:\/\/www.reuters.com\/article\/us-usa-fed\/a-fed-interest-rate-cut-is-in-the-bag-what-then-idUSKCN1UO0E6\u0022\u003EIt\u0026rsquo;s extremely likely that the Federal Reserve will decide\u003C\/a\u003E\u0026nbsp;to lower interest rates this year.\u003C\/p\u003E\r\n\r\n\u003Cp\u003ELost already? Yup, us too. Here\u0026rsquo;s more about how the cut might affect you,\u0026nbsp;\u003Ca href=\u0022https:\/\/lifehacker.com\/what-the-federal-reserve-interest-rate-cut-might-mean-f-1836790877\u0022\u003Eper Gizmodo\u0026rsquo;s Lifehacker\u003C\/a\u003E:\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026quot;When the Fed cuts interest rates, it usually means it\u0026rsquo;ll cost less to borrow money\u0026mdash;whether you\u0026rsquo;re applying for a new credit card or taking out a mortgage.\u003C\/p\u003E\r\n\r\n\u003Cp\u003EHowever, interest rate cuts aren\u0026rsquo;t typically associated with a growing economy. As Ann Saphir at Reuters reminds us, the last time the Federal Reserve lowered interest rates was during \u0026#39;the depths of the financial crisis more than a decade ago.\u0026#39;\u0026quot;\u003C\/p\u003E\r\n\r\n\u003Cp\u003ESo what\u0026rsquo;s behind the Fed\u0026rsquo;s choice? Does the American economy need the support of an interest rate cut?\u003C\/p\u003E\r\n\u003C\/blockquote\u003E\r\n\r\n\u003Cp\u003E\u003Ca href=\u0022https:\/\/the1a.org\/shows\/2019-07-30\/smarten-up-about-the-economy\u0022\u003EListen here.\u003C\/a\u003E Questions to Besedes start at the 24:28 mark.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Ca href=\u0022http:\/\/econ.gatech.edu\u0022\u003EThe School of Economics\u003C\/a\u003E is a unit of the Ivan Allen College of Libeal Arts.\u003C\/p\u003E\r\n","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":"","uid":"34559","created_gmt":"2019-08-01 22:02:07","changed_gmt":"2019-08-01 22:02:07","author":"pdemerritt3","boilerplate_text":"","field_publication":"","publication":"welcome back college of computing carnival school","field_article_url":"","publication_url":"https:\/\/the1a.org\/shows\/2019-07-30\/smarten-up-about-the-economy","dateline":{"date":"2019-08-01T00:00:00-04:00","iso_date":"2019-08-01T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"373271":{"id":"373271","type":"image","title":"Tibor Besedes","body":null,"created":"1449246186","gmt_created":"2015-12-04 16:23:06","changed":"1475894385","gmt_changed":"2016-10-08 02:39:45","alt":"Tibor Besedes","file":{"fid":"75094","name":"tibor-besedes-004-small.jpg","image_path":"\/sites\/default\/files\/images\/tibor-besedes-004-small.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/images\/tibor-besedes-004-small.jpg","mime":"image\/jpeg","size":1695127,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/tibor-besedes-004-small.jpg?itok=dud0V1Zx"}}},"media_ids":["373271"],"groups":[{"id":"1281","name":"Ivan Allen College of Liberal Arts"},{"id":"1282","name":"School of Economics"}],"categories":[],"keywords":[{"id":"41811","name":"tibor besedes"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":[],"slides":[],"orientation":[],"userdata":""}}}