David Brancaccio

There was a summit yesterday with more details on how these will work.

Marketplace's Carla Javier reports.

Teachable moments from the Federal Reserve yesterday.

There were many.

Let's consult Diane Swonk, chief economist at the audit tax and advisory firm KPMG.

Morning.

Good morning.

We were not on the edge of our seats waiting for the interest rate cut that never came yesterday.

We knew that.

But did you learn anything from that briefing?

Well, he suggested he sees signs of strength in the economy.

Is Chair Powell more optimistic than you are, Diane?

Before we go, Diane, you go down to the lakeshore in a stiff wind and you can shout, but because of the wind, no one can hear you.

I got that image when Chair Powell said this.

I mean, he keeps warning about this.

Is anybody listening?

Diane Swong, chief economist, KPMG.

Thank you for the briefing.

Businesses with Latino and Latina proprietors surged during and after the pandemic.

That's just one detail from a report today from researchers at UCLA and Cal Lutheran University.