Aug 1, 2024

How the government is deploying nearly $1 trillion two years on

Above, U.S. President Joe Biden signs the Inflation Reduction Act into law in August 2022. Mandel Ngan/AFP via Getty Images

How is investment from the CHIPS and Science Act and Inflation Reduction Act showing up in the U.S. economy?

Segments From this episode

As the Fed holds interest rates steady, Powell says "it's a difficult balancing act"

by Nancy Marshall-Genzer

Aug 1, 2024

But some former central bank officials think the Fed's risking a recession.

"That time [for a rate cut] could be in September, if the data support that," Fed Chair Jerome Powell said on Wednesday.

Andrew Harnik/Getty Images

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The CHIPS Act and Inflation Reduction Act — 2 years on

by David Brancaccio and Alex Schroeder

Aug 1, 2024

Heather Boushey, a member of the White House's Council of Economic Advisers, on the results of the legislation so far.

"We've now seen announcements of $900 billion of private sector investment all across the country," said Heather Boushey, a member of the White House's Council of Economic Advisers.

Kevin Dietsch/Getty Images

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Ariana Rosas Producer

Dylan Miettinen Digital Producer

Jesson Duller Media Producer

Nic Perez Director/Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Naomi Rainey Producer, BBC

Lis Mahy Producer, BBC

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