Current:Home > ContactThe Fed decides to wait and see -TrueNorth Capital Hub
The Fed decides to wait and see
View
Date:2025-04-14 10:01:40
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.
veryGood! (221)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Consumer safety regulators adopt new rules to prevent dresser tip-overs
- Fox News settles blockbuster defamation lawsuit with Dominion Voting Systems
- Taylor Swift Goes Back to December With Speak Now Song in Summer I Turned Pretty Trailer
- Former Syrian official arrested in California who oversaw prison charged with torture
- The path to Bed Bath & Beyond's downfall
- How a Successful EPA Effort to Reduce Climate-Warming ‘Immortal’ Chemicals Stalled
- Homeware giant Bed Bath & Beyond has filed for bankruptcy
- Federal hiring is about to get the Trump treatment
- Protecting Mexico’s Iconic Salamander Means Saving one of the Country’s Most Important Wetlands
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Little Big Town to Host First-Ever People's Choice Country Awards
- Contact is lost with a Japanese spacecraft attempting to land on the moon
- The 'Champagne of Beers' gets crushed in Belgium
- US appeals court rejects Nasdaq’s diversity rules for company boards
- A magazine touted Michael Schumacher's first interview in years. It was actually AI
- 'Let's Get It On' ... in court
- In the San Francisco Bay Area, the Pandemic Connects Rural Farmers and Urban Communities
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Inside Clean Energy: Taking Stock of the Energy Storage Boom Happening Right Now
Complex Models Now Gauge the Impact of Climate Change on Global Food Production. The Results Are ‘Alarming’
Fox News settles blockbuster defamation lawsuit with Dominion Voting Systems
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Noah Cyrus Shares How Haters Criticizing Her Engagement Reminds Her of Being Suicidal at Age 11
Fox News settles blockbuster defamation lawsuit with Dominion Voting Systems
A South Florida man shot at 2 Instacart delivery workers who went to the wrong house