Apr 19, 2021
U.S. and China agree to cooperate on climate change
Ludovic Marin/AFP via Getty Images
President Biden is expected to release U.S. proposals for reducing emissions at or before a virtual climate summit the U.S. is hosting later this week. China is not likely to make any new pledges at the summit. Plus, after a report on U.S. consumer prices last week, expectations of runaway inflation seem to have subsided ... for now. And, are tablets more popular again thanks to the pandemic?
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Segments From this episode
U.S., China agree to act on climate change; U.S. hosts summit this week
Marketplace’s Nancy Marshall-Genzer has more.
"The conversation on inflation actually feels a little bit more balanced than it was before"
That’s according to Julia Coronado, founder and president of MacroPolicy Perspectives, and the evidence is a drop in the 10-year Treasury yield compared to last week, with more people buying the notes. “Even after a somewhat stronger than expected inflation report last week, we actually saw people coming in and buying bonds at these yield levels,” Coronado said. It’s “the notion that it’s going to be transitory, that we’re going to have this reopening, we’re going to have some push in energy prices and some other prices on reopening. But then, overall, the economy is going to be able to absorb the stimulus just fine, and we’re going to move forward without hyperinflation.”
Music from the episode
Hold On, We're Going Home Drake, Majid Jordan
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 Morbey
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
