Fed’s Rate Cut Signals Caution, Labor Strikes’ Economic Impact, and Taiwan’s European Ventures

Explore the Federal Reserve's latest interest rate cut and its implications for the economy, delve into the economic benefits of labor strikes with insights from Jim Stanford, and discover Taiwan's strategic industrial partnerships with Germany and Czechia. Plus, hear from Nobel laureate Claudia Goldin on gender wage gaps and the evolving discourse on feminism in economics. This episode offers a comprehensive look at key economic developments shaping global markets and labor dynamics.Sources:https://www.theindianpanorama.news/?p=175922https://www.thestar.com/business/opinion/yes-strikes-are-frustrating-but-the-economic-costs-of-not-going-on-strike-are-higher/article_eed43862-b96f-11ef-a79e-7333ced3112e.htmlhttps://english.elpais.com/economy-and-business/2024-12-22/claudia-goldin-2023-nobel-prize-winner-in-economics-feminism-became-a-very-bad-word-in-the-united-states.htmlhttps://focustaiwan.tw/business/202412210006Outline:(00:00:00) Introduction(00:00:44) Fed cuts by a quarter point, indicates fewer reductions ahead(00:04:09) Jim Stanford: Yes, strikes are frustrating. But the economic costs of not going on strike are higher(00:07:38) Claudia Goldin, 2023 Nobel Prize winner in Economics: ‘Feminism became a very bad word in the United States’(00:10:57) Economics minister pushes for industrial cooperation with Germany, Czechia