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Aug 28, 2020

The hunt for missing inflation

The Fed will tolerate slightly higher levels of inflation. Plus, a failed cybersecurity attack on a Tesla factory. Also, the pandemic has complicated emergency response efforts for those evacuating to escape Hurricane Laura. And, pro athletes agitate for social change.

Federal Reserve Chair Jerome Powell is announcing a major change in policy Thursday that will allow the central bank to keep interest rates low even if inflation tops its 2% target. — Federal Reserve Chair Jerome Powell is announcing a major change in policy Thursday that will allow the central bank to keep interest rates low even if inflation tops its 2% target.
Tasos Katopodis/Pool/AFP via Getty Images

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Segments From This Episode

After years of inflation being below where the Fed has wanted it, the central bank is changing course
Christopher Low, chief economist at FHN Financial, has more.
Tesla's Nevada factory has avoided a serious cybersecurity attack
Marketplace’s Jasmine Garsd reports.
Pandemic complicates emergency response to Hurricane Laura
by Meghan McCarty Carino
Ellie Cherryhomes/AFP via Getty Images
Officials had to find alternatives to big, crowded evacuation centers.
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Activist athletes can foster change, but sometimes there’s a price
by Justin Ho
Kevin C. Cox/Getty Images
And sponsors may be increasingly interested in supporting them to reach their fans.
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The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director