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Sep 17, 2020

What the Fed can’t do

Fed Chair Jerome Powell offered a dreary assessment of the economy after his policymaking team’s last interest rate meeting before the elections. And, how homebuilders are trying to recruit more workers amid growing demand for new houses.

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Fed Chair Jerome Powell testifies during a hearing on Capitol Hill in June. The Fed has improved their outlook, one analyst said.
Tasos Katopodis/Getty Images

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Segments From This Episode

Fed plans to keep interest rates near zero through 2023. What else can it do for the economy?
by David Brancaccio, Nancy Marshall-Genzer and Alex Schroeder
Brendan Smialowski/AFP via Getty Images
Fed Chair Jerome Powell said another relief package from Congress will likely be needed.
The homebuilding industry still needs thousands of workers, and it’s looking in new places to hire
by Amy Scott
Al Bello/Getty Images
A training program for high school students in the juvenile justice system aims to expand the pool of candidates for entry-level jobs.

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

Marketplace®

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What the Fed can’t do

Subscribe:

Segments From This Episode

Fed plans to keep interest rates near zero through 2023. What else can it do for the economy?

The homebuilding industry still needs thousands of workers, and it’s looking in new places to hire

The Team