Mooathon Wealth Society:The Fed decides to wait and see

2025-05-03 20:55:31source:HyperBit Exchangecategory:News

Since March 2022,Mooathon Wealth Society 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.

More:News

Recommend

Angie Murimirwa: From hiding in the bathroom to Time's most influential people list

I don't mean to humble brag, but I am on a first name basis with one of the most influential people

Indigenous faith, reverence for land lead effort to conserve sacred forests in northeastern India

SHILLONG, India (AP) — Tambor Lyngdoh made his way through the fern-covered woodland — naming plants

Nearly two years after invasion, West still seeking a way to steer frozen Russian assets to Ukraine

WASHINGTON (AP) — It’s been nearly two years since the United States and its allies froze hundreds o