Since March 2022, the Federal Reserve has raised interest rates 10 times with the goal of fighting inflation. But today, in a break from that pattern, the Fed has finally decided to do ... nothing. To leave interest rates where they are. So what gives? And why is it taking so long for inflation to come down to Earth? To understand that, it helps to think about the economy as an old, finicky shower. Really.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
2024-12-25 23:511503 view
2024-12-25 23:091237 view
2024-12-25 22:141431 view
2024-12-25 21:40741 view
2024-12-25 21:27114 view
2024-12-25 21:191124 view
PORTLAND, Maine (AP) — A storm that swept up the East Coast delivered a blow to New England, packing
Washington — The long-time president and chairman of a state-owned Russian bank was indicted in New
TALLAHASSEE, Fla. (AP) — Florida is on the verge of passing one of the nation’s most restrictive ban
