You know about interest rates. Ever heard of the Fed’s balance sheet?
Dec 14, 2022

You know about interest rates. Ever heard of the Fed’s balance sheet?

The Fed is expected to raise interest rates again, but not by as much as before. Susan Schmidt explains what that could mean. Sticking with the Fed, we look into another tool it has that can affect your mortgage. The number of H-2B seasonal worker visas being offered has sharply increased.

Segments From this episode

With all eyes on interest rates, the Fed's shifting balance sheet flies under the radar

Dec 14, 2022
The Fed's balance sheet is one of its devices that's managed to avoid the spotlight.
The Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C.
Kevin Dietsch/Getty Images

The U.S. is nearly doubling the number of seasonal worker H-2B visas it offers

Dec 14, 2022
H-2Bs, temporary non-agriculture work visas for foreigners without advanced degrees, are used for jobs in landscaping, food processing and hospitality.
The industries that rely heavily on H-2B visas also have high incidences of wage theft, said Daniel Costa at the Economic Policy Institute.
Stefani Reynolds/AFP via Getty Images

The team

Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Nick Esposito Media Producer
Katie Barnfield Producer, BBC
James Graham Producer, BBC
Jo Critcher Producer, BBC