Segments From This Episode

• "The Fed is not going to get behind the curve in terms of dealing with inflation"

  That’s according to Diane Swonk, chief economist at Grant Thornton. She says the latest minutes from the Federal Open Market Committee’s meeting show that the Fed is more concerned that the upside risks to inflation are greater than the downside risks. That’s good news for markets, because it means the Fed will be quicker to act on reining in inflation when necessary. Swonk also commented on the latest weekly jobless claims data, which showed the number of Americans filing for unemployment benefits rose slightly last week even while the economy and the job market appear to be rebounding.

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• As consumers get out more, they may also reach for credit cards

  by Caroline Champlin

  

  Outstanding credit card balances have been down, but people may start racking up the debt again.

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• Why people are quitting their jobs and starting businesses

  by David Brancaccio, Chris Farrell and Rose Conlon

  

  The high quit rate and number of new startups signals optimism in the economy’s future.

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