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Today's inflation report showed a slight tapering in rising prices — it was 6.4% compared to 6.5% in December. That's a marginal improvement, but it's still much too high for comfort for the Federal Reserve and market watchers who may have been expecting a sharper decrease. The Fed's Vice Chair, Lael Brainard, has been tapped by President Biden to lead the U.S. Council of Economic Advisers. Some states are moving to expand Medicaid to food-related health services, which would represent a shift from previous programs. And, why colleges may soon begin implementing more programs designed for midcareer professionals.
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Segments From this episode
The latest inflation data shows a slight moderation in rising prices
Jeffrey Cleveland, chief economist at Payden & Rygel, breaks down the latest CPI data.
Lael Brainard, Vice Chair of the Fed, tapped for top White House economic advisor role
Marketplace Nancy Marshall-Genzer reports.
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The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
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
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Olie D'Albertanson
Producer, BBC
