# Multimedia 

Multimedia 

---

- [Podcasts](/podcasts)
- [Cato Video](/multimedia/cato-video)
- [Video Series](/search/category/video-series)
- [Events](/multimedia/events)

[ 

Download Episode 

](https://feeds.acast.com/public/streams/5e28e0d8963f166217546493/episodes/671fecbc98ad64d3dd6a89fb.mp3)Subscribe:

[ 

Apple Podcasts 

](http://itunes.apple.com/podcast/cato-daily-podcast/id158961219) [ 

Spotify 

](https://open.spotify.com/show/4dHRhKEljj8zcLdl3Gvsv7) 

Cato Weekly Podcast • October 28, 2024 

# We Need to Talk about the Federal Funds Rate 

The Federal Reserve directly controls a rate that for a long time drove interest rates. Does it still work that way? Cato’s Jai Kedia [looked at the evidence](https://www.cato.org/blog/borrowing-rates-are-significantly-less-correlated-feds-policy-rate).

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![jai-kedia-cropped.jpg](/sites/cato.org/files/styles/author_picture/public/2023-07/jai-kedia-cropped.jpg?itok=In6dB8gW)](/people/jai-kedia) 

##### [Jai Kedia](/people/jai-kedia)

Research Fellow, Center for Monetary and Financial Alternatives, Cato Institute

[ 

](https://x.com/jaikedia) 

[![Square face shot of Caleb O. Brown.](/sites/cato.org/files/styles/author_picture/public/2021-01/cbrown_sq.jpg?itok=zSWLm8kR)](/people/caleb-o-brown) 

##### [Caleb O. Brown](/people/caleb-o-brown)

Former Director of Multimedia, Host and Executive Producer, *Cato Daily Podcast*, Cato Institute