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The economy is already responding to higher interest rates

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A sale pending sign is posted in front of a home for sale on March 18, 2022 in San Anselmo, California.

SAN ANSELMO, CALIFORNIA - MARCH 18: A sale pending sign is posted in front of a home for sale on March 18, 2022 in San Anselmo, California. Sales of existing homes dropped 7.2 percent in February as mortgage rates top 4 percent. (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images

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Segments From this episode

Is it possible for unemployment numbers to be too low?

by Kristin Schwab Apr 7, 2022
This week jobless claims were at their lowest since 1968. What's the economic downside of too few people looking for work?

The Fed's interest rate hike is already reducing demand for mortgages

by Justin Ho Apr 7, 2022
Getting demand to soften is the point because that's expected to help tame inflation.

How could additional capital for banks in communities of color help local businesses?

by Leoneda Inge Apr 7, 2022
The Treasury Department provided $9 billion to lenders in underserved communities, allowing them to expand and support entrepreneurs.

Cleveland's baseball team takes the field as "Guardians"

by Savannah Maher Apr 7, 2022
Economic pressures have played a role in the campaigns to change mascot names that many people consider racist.
Adventures in Housing

Looking for a home that's accessible? That will make your search even harder.

by Sean McHenry Apr 7, 2022
A retired economist tells the story of her search for an accessible home.

Music from the episode

Pacific Theme Broken Social Scene
Palm Trees Loop Schrauber
Esperar Pra Ver Poolside, Fatnotronic
Respiration Black Star, Common
Juice Lizzo

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