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Fed reacts to inequality, high unemployment
Jun 11, 2020

Fed reacts to inequality, high unemployment

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America's top economic policymakers at the Federal Reserve think the COVID-19 economy will linger on. How the U.S. shelters homeless people during a pandemic. And, how Starbucks has been hit the decline in commuting.

Segments From this episode

Amid bleak economic projections, Fed votes to keep interest rates near zero

The Federal Reserve estimated unemployment will be at 9.3% by the end of 2020.
The Federal Reserve Wednesday issued projections showing interest rates near zero through 2022.
Mandel Ngan/AFP via Getty Images

With commuting down, fast-food breakfast sales have slowed

Jun 11, 2020
Starbucks and other companies are now competing over delivery and takeout convenience.
The largest share of Starbucks sales happen during the morning commute, but competition over breakfast sales has all but evaporated.
Justin Sullivan/Getty Images

Music from the episode

Drive Slow Kanye West, Paul Wall, GLC

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer