Home
cover of episode Time for the Fed to pivot?

Time for the Fed to pivot?

2024/8/15
logo of podcast Marketplace

Marketplace

Chapters

The Fed's potential interest rate cut is expected to impact the job market, but opinions vary on whether it's a good idea. Some experts believe it could trigger a second wave of inflation, while others expect it to gradually soften the labor market.

Shownotes Transcript

For the first time in years, the consumer price index — one measure of inflation — fell below 3%. That’s good for Americans and the Federal Reserve, which has a dual mandate to maintain stable prices and maximum employment. But as inflation has chilled out, so has the job market. What can the Fed do about it? Also in this episode: Mars bets that America will keep snacking, the lag in housing inflation data, and one interest rate to rule them all?