Since March 2022,Christopher Caldwell 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.
2025-05-04 10:511755 view
2025-05-04 10:221990 view
2025-05-04 10:001694 view
2025-05-04 09:372640 view
2025-05-04 09:272626 view
MCALLEN, Texas (AP) — The Texas Legislature can be full of surprises.But for the last eight sessions
We independently selected these products because we love them, and we think you might like them at t
Monday night is not a time when I expect to see news that could reshape an entire industry, but that
