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Marketplace Morning Report for Wednesday, March 4, 2015

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Airing on Wednesday, March 4, 2015: The Reserve Bank of India made a surprise announcement this morning: For the second time in two months, India’s central bank cut a key interest rate. More on that. Plus, Ukraine’s central bank is raising its interest rate from 19.5 percent to 30 percent. The hike comes as the government is seeking a $17.5 billion assistance program from the International Monetary Fund. Inflation is rampant and the national currency has tumbled since Russia annexed Ukraine’s southern Crimea peninsula and pro-Russian separatists took up arms in the country’s east. We look at the reasons behind the hike in the interest rate. We’ll also talk about FEMA’s partnership with the popular food chain, the Waffle House in the southeastern U.S. during emergencies to measure the impact of disasters.  


Segments From this episode

The volatility of gasoline prices

by Gigi Douban Mar 4, 2015
Gas prices seem to decline more slowly than they recover

When disaster strikes, FEMA turns to Waffle House

by Marketplace Contributor Mar 4, 2015
FEMA has coined a "Waffle House Index" to indicate the severity of a disaster.

Ukraine raises interest rate to 30 percent

by Tracey Samuelson Mar 4, 2015
The hike comes as Ukraine's central bank seeks to tackle rampant inflation.

Target announces layoffs at company headquarters

by Dan Weissmann Mar 4, 2015
The company hopes to beat a slump with new plans, and fewer workers.

Why two companies dominate the private prison industry

by Marketplace Contributor Mar 4, 2015
Private companies run most of the facilities housing undocumented immigrants.
Mid-day Update

PODCAST: A forecast to Friday's Jobs Report

by David Gura Mar 4, 2015
Looking ahead to the jobs report, Ukraine's interest rates, and the rise of gas prices.

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