Current:Home > ScamsThe Fed decides to wait and see -FundGuru
The Fed decides to wait and see
View
Date:2025-04-17 08:00:20
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! (59)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- 1 of the few remaining survivors of the attack on Pearl Harbor has died at 102
- Proposed limit on Georgia film tax credit could become meaningless if studios are protected
- They may not agree on how to define DEI, but that’s no problem for Kansas lawmakers attacking it
- Highlights from Trump’s interview with Time magazine
- Caroline Wozniacki & More Tennis Pros Support Aryna Sabalenka After Konstantin Koltsov's Death
- Execution in Georgia: Man to be put to death for 1993 murder of former girlfriend
- Philadelphia mass shooting suspect is headed to trial after receiving mental health treatment
- $73.5M beach replenishment project starts in January at Jersey Shore
- Chipotle plans rare 50-for-1 stock split as share price nears $3,000
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Unticketed passenger removed from Delta flight in Salt Lake City, police say
- 'Selling Sunset' alum Christine Quinn's husband arrested, faces felony charge
- Kentucky parents charged with attempting to sell newborn twin girls
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Alabama governor signs anti-diversity, equity and inclusion bill
- Congrats, you just got a dry promotion — no raise included
- Who is Shohei Ohtani's interpreter? Dodgers fire Ippei Mizuhara amid gambling allegations
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Hungry to win: Jets fan sent Mike Williams breakfast sandwich to persuade him to sign
Do sharks lay eggs? Here's how the fish gives birth and what some eggs look like.
Kentucky parents charged with attempting to sell newborn twin girls
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Biden administration to invest $8.5 billion in Intel's computer chip plants in four states
Proposed limit on Georgia film tax credit could become meaningless if studios are protected
The UN will vote on its first resolution on artificial intelligence, aimed at ensuring its safety