Sep 17, 2020

What the Fed can’t do

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Fed Chair Jerome Powell offered a dreary assessment of the economy after his policymaking team's last interest rate meeting before the elections. And, how homebuilders are trying to recruit more workers amid growing demand for new houses.

Segments From this episode

Fed plans to keep interest rates near zero through 2023. What else can it do for the economy?

Fed Chair Jerome Powell said another relief package from Congress will likely be needed.
The Fed can't make grants. That's Congress' job. "These are lending powers, not spending powers," Fed Chair Jerome Powell said Wednesday.
Brendan Smialowski/AFP via Getty Images

The homebuilding industry still needs thousands of workers, and it's looking in new places to hire

Sep 17, 2020
A training program for high school students in the juvenile justice system aims to expand the pool of candidates for entry-level jobs.
A construction worker roofing an apartment complex in Uniondale, New York. Construction, generally considered essential, has continued in the pandemic.
Al Bello/Getty Images

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Candace Manriquez Wrenn Producer/Editor
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Rose Conlon Producer
Erika Soderstrom Producer/Director

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