Correspondent & Host
Sabri is a correspondent and host for Marketplace based in New York City. He has many, many plants.
The White House has pushed changes at ports to fix supply chains and ease prices, but high demand for goods continues to exert pressure.
“This has big implications,” says Harvard’s Graham Allison, one of the report’s authors.
Turkey’s currency, the lira, has dropped to a record low. Its decline has the central bank there contemplating a cut in interest rates.
Experts estimate that intellectual property theft is costly for countries — and that China is frequently the main culprit.
That was down slightly from September, but still high. Some say watch that figure to know what will happen to the economy in 2022.
Hurricane Ida held back oil and gas exports in September, so there was a big backlog that rushed out in October, shrinking the trade deficit.
It opens the door to interest rate hikes.
Omicron might play out in a similar way to delta, with a sharp drop in consumer spending. Tourism in particular would likely take a big hit.
Economist Betsey Stevenson weighs in on fixing the supply-and-demand imbalance for semiconductors and other goods to quell inflation.
Brainard will be nominated for vice chair. The two officials typically agree on monetary policy but sometimes diverge on regulation.
