Not a matter of “when” but “how high?”
Nov 2, 2022

Not a matter of “when” but “how high?”

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We delve into the key questions on Fed Chair Jerome Powell's mind as the central bank continues to raise interest rates. Then, reflections on the lessons we've learned in Buffalo, New York.

Segments From this episode

The key questions on Jay Powell's mind

Marketplace host Kai Ryssdal breaks down the latest news from the Federal Reserve, which announced a .75-point interest rate hike as the central bank continues to fight inflation.

What's with all the hiring?

Nov 2, 2022
Employers keep looking for workers to meet consumer demand, though there are signs the labor market may cool down.
"Most of what I hear from employers is that they're struggling to find talent," said Amber Clayton with the Society for Human Resource Management.
Anna Moneymaker/Getty Images

Outlook cools for global shipping demand

Nov 2, 2022
Softening demand and high inventories are to blame.
Shipping company Maersk expects demand for shipping containers to dip between 2% and 4% this year.
John Thys/AFP via Getty Images

On Buffalo’s east side, inflation intensifies the daily struggle to buy food

“I have to get less food,” one shopper said. “So I plan very carefully with my food stamps.”
Shoppers at a mobile farmers market in east Buffalo, New York, where many residents struggle with access to grocery stores.
Brandon Watson

What we found in Buffalo, NY: Courage, innovation and a larger story behind the data

Nov 2, 2022
“This was the first time I saw the data match to a human experience,” says Nela Richardson, ADP’s chief economist.
Nela Richardson, ADP chief economist, talks with "Marketplace" host Kai Ryssdal inside Taste of Soul, a restaurant in Buffalo, New York. “I think there's a detachment between the number, the data, and the people who those numbers represent,” Richardson says.
Brandon Watson

Music from the episode

Teenage Birdsong Four Tet
Peel Back Ensemble Entendu
Hell N Back Bakar
Everything Now Arcade Fire

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Richard Cunningham Associate Producer I
Dylan Miettinen Associate Digital Producer