Powell holds off on rate cuts
Jun 12, 2024

Powell holds off on rate cuts

The chairman also indicated that the Federal Reserve expects to make just one reduction this year, but that could change as the data comes in. Plus: neighborhood rebrand alphabet soup.

Segments From this episode

Federal Reserve keeps interest rates unchanged

“Marketplace” host Amy Scott gives an overview of the FOMC presser and the Fed’s latest interest rate decision.

As interest rates stay high, that "lag effect" on the economy is playing out

Jun 12, 2024
The Fed's rate hikes were meant to slow the economy and dampen inflation by raising borrowing costs. There's evidence that's happening.
The Federal Reserve kept interest rates at their current elevated levels, Chair Jerome Powell announced Wednesday.
Scott Olson/Getty Images

As federal relief ends, child care providers expect to charge families more

Jun 12, 2024
Congress committed $39 billion in federal funds to support the child care industry during the pandemic, but those funds are now drying up. Now, many child care providers plan to raise tuition.
Students in the 2- to 3-year-old classroom at the Community School for People Under Six in Carrboro, North Carolina. The preschool is raising its tuition rates for families this year in anticipation of losing federal COVID-19 relief funds.
Liz Schlemmer/WUNC

What’s in a name? How neighborhood rebrands can grease the wheels of gentrification

Jun 12, 2024
Neighborhood nicknames like SoHo or LoDo have become common in American cities. But what gets lost when neighborhoods rebrand?
Lower Downtown Denver has been referred to as “LoDo” since at least the 1980s. But more recently, a wave of two-syllable neighborhood nicknames are popping up across America.
Dustin Bradford/Getty Images

He assesses climate risk on the housing market, and he wants your attention

Jun 12, 2024
As people become more aware of living in vulnerable areas, home prices will gradually reflect that risk, says Tim Judge of Fannie Mae.
"We do need every state to have flood disclosures," says Fannie Mae's Tim Judge. Above, water from a flash flood surrounds a home in Thermal, California, after a monsoonal thunderstorm in September.
David McNew/Getty Images

Music from the episode

J-Boy Phoenix
Respiration Black Star, Common
Marry You Bruno Mars

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Sofia Terenzio Assistant Producer
Jordan Mangi Assistant Digital Producer