cover of episode 47 - Abnormal people

47 - Abnormal people

2020/9/4
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The Dismal Science

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Shownotes Transcript

The US Federal Reserve has changed the way it makes monetary policy decisions for the world's largest economy. Its former chair Janet Yellen said that the changes would appear subtle to most "normal human beings". So why is it such a big deal for economists? Plus the latest quarterly GDP numbers put Australia officially in its first recession in three decades.

This episode was recorded on 3 September.