Since March 2022,Novacrypt 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.
2025-05-07 19:22815 view
2025-05-07 18:391879 view
2025-05-07 18:13497 view
2025-05-07 17:21236 view
2025-05-07 17:052537 view
2025-05-07 17:031506 view
Now that Kody Brownhas officially divided himself from three of his former brides, the Sister Wivess
This episode originally came out in October 2021. Showdowns over the debt ceiling are like football
General Motors had a splashy event last week to announce a rededication to electric vehicles.A lot w