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Episode 757Sep 22, 2022

How does the Fed’s quantitative (un)easing plan work?

You may have to listen to this one twice!

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Inflation is a global problem, but the Federal Reserve in the U.S. is "the one driving the bus" when it comes to fighting it.
Inflation is a global problem, but the Federal Reserve in the U.S. is "the one driving the bus" when it comes to fighting it.
Mandel Ngan/AFP via Getty Images

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The Federal Reserve continued its interest-rate-raising spree today to help curb inflation. The other thing the Fed has been working on is unwinding its “quantitative easing” program. One listener wants to know how that works. We’ll explain. Plus, why can members of Congress buy and sell stocks so freely? Isn’t that a conflict of interest? We’re wondering the same thing.

Here’s everything we talked about today:

Keep sending your questions. We’re at makemesmart@marketplace.org or leave us a voice memo at 508-U-B-SMART.

The Team