Jun 14, 2018

What’s the "perfect" U.S. economy?

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(Markets Edition) The perfect U.S. and EU economies are growing in tandem, but America is a bit further along. The European central bank is backing off its stimulus program, while Federal Reserve Chair Jay Powell says the American economy nearing…

(Markets Edition) The perfect U.S. and EU economies are growing in tandem, but America is a bit further along. The European central bank is backing off its stimulus program, while Federal Reserve Chair Jay Powell says the American economy nearing a Goldilocks-esque “just right” level where the bank can stop tinkering. But what’s that actually look like? Surely, wages would have to come up, right? Then: A new study says you’d need to make $17.90 an hour to afford a modest one bedroom rental in the U.S. Trouble is, the minimum wage in most of the country is much lower. Plus: the tensest match-up at the World Cup. Today’s podcast is sponsored by Abby Connect (abbyconnect.com/morning), Carbonite (carbonite.com), and Indeed (Indeed.com/marketplace). (06/14/2018)

The team

Stephen Ryan Producer, BBC