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Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on September 21, 2022 in Washington, DC.

Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on September 21, 2022 in Washington, DC. Drew Angerer/Getty Images

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Segments From this episode

What is Jay Powell looking for?

"Marketplace" host Kai Ryssdal provides context to announcement of the Fed's latest rate hike and unpacks the remarks at Jerome Powell's press conference.

What corporate layoffs tell us about the economy

by Kristin Schwab Sep 21, 2022
Gap is the latest company to announce layoffs. Downsizing among employers reflects shifting consumer habits.

Germany is nationalizing its largest gas utility, Uniper

by Lily Jamali Sep 21, 2022
The country's three largest importers of Russian natural gas have received government bailouts, and similar actions may follow in Europe.

Biden pledges an additional $2.9 billion in aid to help fight the global food crisis

by Samantha Fields Sep 21, 2022
The good news? The world's producing enough food to feed everyone. The bad news? Getting it to hungry people is more expensive.

How gun dealers are skirting Biden's new ghost gun rule

by Kai Ryssdal and Andie Corban Sep 21, 2022
Alain Stephens, an investigative reporter for The Trace, breaks down the market for ghost guns.

The Federal Reserve’s 12 districts reflect an economy that no longer exists

by Justin Ho Sep 21, 2022
The locations of the regional banks made sense for the economy of 1913. Populations and industries have shifted since then.

Music from the episode

Lush Four Tet
Splinters bett.3b.black
Energy Fortunes.
Sun Dress Freddie Joachim
Hundred Fifty Up Satin Jackets
Turnmills Maribou State

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