Federal Reserve Chair Jerome Powell is announcing a major change in policy Thursday that will allow the central bank to keep interest rates low even if inflation tops its 2% target.
Tasos Katopodis/Pool/AFP via Getty Images
The Fed will tolerate slightly higher levels of inflation. Plus, a failed cybersecurity attack on a Tesla factory. Also, the pandemic has complicated emergency response efforts for those evacuating to escape Hurricane Laura. And, pro athletes agitate for social change.
Segments From this episode
After years of inflation being below where the Fed has wanted it, the central bank is changing course
Christopher Low, chief economist at FHN Financial, has more.
Tesla's Nevada factory has avoided a serious cybersecurity attack
Marketplace's Jasmine Garsd reports.
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The team
David Brancaccio
Host
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
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
