The Federal Reserve leaves interest rates unchanged

Segments From This Episode

• The Fed holds steady on interest rates

  by Nancy Marshall-Genzer

  The guardians of interest rates at America's central bank decided now is the not the moment to cut interest rates, given the uncertain effects of tariffs and a resilient overall economy. But the committee's decision yesterday was not unanimous. Two people dissented. Marketplace's Nancy Marshall-Genzer was at the Fed briefing yesterday.

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• U.S. and South Korea strike a trade deal

  by Jean Mackenzie

  Officials say a couple more countries have agreed to tariff deals: Thailand and Cambodia. Details are few, but we do know that South Korea is onboard, with the U.S. putting a 15% import tax on its products. South Korea gets the same tariff rate for cars and semiconductors as Japan. Our BBC colleague Jean Mackenize reports from Seoul.

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• Why is the U.S. labor force falling?

  by Mitchell Hartman

  The U.S. labor force shrank by 755,000 in May and June, and that's partly what accounts for June's drop in unemployment. Marketplace's Mitchell Hartman looks into why this trend will likely to be a persistent feature of the U.S. labor market later this year and into 2026.

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