Jun 14, 2023

The Fed presses pause on interest rate hikes

Drew Angerer/Getty Images

The Federal Reserve pressed the pause button on rate hikes today. We'll discuss. Plus, could a soft landing be in Jerome Powell's reach?

Segments From this episode

The rate hikes ain't over yet

by Kai Ryssdal

Which is more important: What the Federal Reserve does (or doesn’t do) or what the Fed says? We’ll unpack both following the Fed’s decision to skip an interest rate hike on Wednesday.

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National Debt

Is the Fed actually going to pull off a "soft landing"?

by Matt Levin

Jun 14, 2023

If the Fed can tamp down inflation without sparking a recession, it would be only the second time in history in U.S. history.

Hold the applause for Federal Reserve Chair Jay Powell — there's more work to do before the economy can make a soft landing.

Mandel Ngan/AFP via Getty Images

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Mortgage demand is up, but lenders are more cautious

by Justin Ho

Jun 14, 2023

Mortgage applications rose last week, thanks in part to a dip in mortgage rates, according to a new report. But credit availability has been falling.

Mortgage demand and mortgage supply are moving in different directions.

Joe Raedle/Getty Images

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Adventures in Housing

“I’m at a point where I want to enjoy my life”

by Maria Hollenhorst

Jun 14, 2023

Baby boomer Barbara Talisman quit her job to travel the world. Research shows her generation wants to live it up as younger folks spend less.

Barbara Talisman having an adventure in French Polynesia in April 2022.

Courtesy Talisman

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Shelf Life

In "Black Folk," the history of the Black working class is a family story

by Blair LM Kelley

Jun 14, 2023

Historian Blair LM Kelley traces that evolution through her own family roots.

According to historian Blair LM Kelley, as Black women moved to Northern cities during the Great Migration, many found domestic work that took them away from their families — but led to the creation of new communities. Above, a woman and child in Harlem, New York City, in 1946.

Eric Schwab/AFP via Getty Images

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Inflation is different depending on where you live

by Elizabeth Trovall

Jun 14, 2023

In Minneapolis, prices rose just 1.8% in the past year. Compare that to Miami, where inflation is at a whopping 9%.

In Minneapolis (on top), prices rose 1.8% in the past year. In Miami (on bottom), inflation clocked in at a whopping 9%.

Karen Bleier/AFP via Getty Images; Joe Raedle/Getty Images

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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

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