California due to face even more extreme weather
Jan 10, 2023

California due to face even more extreme weather

The deluge in California is set to continue, with forecasts predicting further extreme weather in the coming days. The state has seen at least 14 deaths and a bevy of property damage resulting from flooding and mudslides. We look at the weather situation in the Golden State. Plus, Fed Chair Jerome Powell made comments today in Sweden suggesting further rate hikes to fight inflation, and that the Fed would not prioritize fighting climate change. Also, the House of Representatives voted today to strip funding from the IRS in a largely-symbolic measure. And, the BBC's Will Bain takes a look at the economics of China's reopening. 

Segments From this episode

Powell's comments in Sweden

Payden & Rygel Chief Economist Jeffrey Cleveland breaks down some of the central bank chief’s recent comments.

Californians brace for more extreme weather after a week of deadly storms

Jan 10, 2023
Tens of thousands of people remain without power as flooding and midslides prompt evacuations
Cars drive by a sign warning of storms hitting the Bay Area on Jan. 7, 2023 in Sausalito, California.
Justin Sullivan/Getty Images

The team

Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Nick Esposito Media Producer
Katie Barnfield Producer, BBC
James Graham Producer, BBC
Jo Critcher Producer, BBC