Jun 2, 2022

Inflation concerns have now become retirement concerns

A quarter of Americans said they will need to delay retirement because of rising costs, according to a new survey from BMO Harris Bank and Ipsos. Also, in such a volatile market, people are saving much less. There's been a surge in demand for robot assistance from businesses. For today's Economic Pulse, we explore the concept of a central digital bank currency for the Fed, and why it might not be a good thing.

Segments From this episode

With workers scarce, some industries are turning to robots

by Savannah Maher

Jun 2, 2022

The pandemic accelerated automation purchases, according to an industry group, especially in agriculture, construction and fast food.

A fully automated fast food restaurant in San Francisco in 2015. Industries like fast food and construction increasingly rely on automation.

Justin Sullivan/Getty Images

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Economic Pulse

The argument against the Fed creating a central bank digital currency

by David Brancaccio , Alex Schroeder and Rose Conlon

Jun 2, 2022

“It's hard to find a clear reason to have [a CBDC], and, in fact, there are a lot of reasons not to,” says the Roosevelt Institute’s Chris Hughes.

“It's hard to find a clear reason to have [a CBDC], and, in fact, there are a lot of reasons not to,” said the Roosevelt Institute’s Chris Hughes.

Mladen Antonov/AFP via Getty Images

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The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Jay Siebold Technical Director

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

Redmond Carolipio Digital Producer

Ariana Rosas Producer

Jarrett Dang Digital Producer (gone fishing)

Jesson Duller Media Producer

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