cover of episode A pretty, pretty good economy (for some)

A pretty, pretty good economy (for some)

2024/7/26
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Marketplace

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The discussion focuses on the impact of the Fed's high-interest rate policy on the economy, particularly on GDP growth and inflation. Experts analyze the data and consider the potential risks of overshooting with high rates.

Shownotes Transcript

The good news? The Commerce Department says personal income and consumption were up in June. Bad news is savings didn’t rise with ’em. In fact, high interest rates and high prices have battered the personal savings rate down to an almost two-year low, leaving many households without a financial security cushion. In this episode, we’ll also get into why national manufacturing growth depends on where you are, and Boston is incentivizing office to residential real estate conversions.