Help us end the fiscal year strong. Donate by June 30. Give Now
Decades-high inflation gets a decades-high rate hike
Jun 15, 2022

Decades-high inflation gets a decades-high rate hike

HTML EMBED:
COPY
The Federal Reserve announced its largest interest rate hike since 1994, but consumer spending may already be cooling. Plus, no side wants to give an inch in the U.K.'s unit-of-measurement debate.

Segments From this episode

The Fed ups the ante

The Fed hiked its key interest rate by three-quarters of a percentage point. Today, we dig into the implications of that historic move.

Retail sales dip may be lined with silver

Jun 15, 2022
The slight decline from April to May could indicate a slowing economy — which the Federal Reserve is hoping for.
Justin Sullivan/Getty Images

How do we calculate supply and demand for oil heading into the future?

Jun 15, 2022
There are a lot of variables that make predicting energy demand in 2023 difficult, including rising interest rates, inflation and potential COVID flare-ups.
President Biden recently demanded big oil companies bring down gas and diesel prices. Above, gas stations in Bethesda, Maryland, earlier this year.
Mandel Ngan/AFP via Getty Images

When you need 70,000 pounds of paper a month and the supply chain is in chaos

Jun 15, 2022
Claudia Smukler of Mother Jones explains the unique obstacles to producing a print magazine in this economy.
Magazines require a high grade of coated paper, one that ink will lay well on.
Bennett Purser/Marketplace

Department of Education appoints its first chief economist

Jun 15, 2022
The agency said it’s part of bringing a more data-based approach to policymaking.
The Department of Education recently announced that Jordan Matsudaira will be the first chief economist in its 43-year history.
Alastair Pike/AFP via Getty Images

U.K. weighs whether to restore its old system of imperial measurements

Jun 15, 2022
The prime minister pledged to make the use of pounds and ounces official again after Brexit. We checked sentiment at Shrewsbury Market.
In the imperial measurement system, an inch is based on the length of three grains of barley.
Reimphoto/Getty Images

After a career pivot, one woman is balancing teaching, law school and motherhood

Jun 15, 2022
Catherine Fink of Colorado said this was the year she felt "most frazzled, just in terms of having to be basically at three full-time jobs."
Fink just completed her 18th year of teaching, and this year she also took law school courses.
Olivier Douliery/AFP via Getty Images

Music from the episode

Baghdad Sun Apollo Brown
Brokenfolks Georgia Anne Muldrow
All The Stars (with SZA) Kendrick Lamar, SZA
Respiration Black Star, Common
Ego Beyoncé
Back To You Selena Gomez

The team

Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Sean McHenry Associate Producer
Andie Corban Associate Producer
Richard Cunningham Associate Producer