Dec 14, 2022

You know about interest rates. Ever heard of the Fed’s balance sheet?

Anna Moneymaker/Getty Images

The Fed is expected to raise interest rates again, but not by as much as before. Susan Schmidt explains what that could mean. Sticking with the Fed, we look into another tool it has that can affect your mortgage. The number of H-2B seasonal worker visas being offered has sharply increased.

Segments From this episode

With all eyes on interest rates, the Fed's shifting balance sheet flies under the radar

by Nancy Marshall-Genzer

Dec 14, 2022

The Fed's balance sheet is one of its devices that's managed to avoid the spotlight.

The Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C.

Kevin Dietsch/Getty Images

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The U.S. is nearly doubling the number of seasonal worker H-2B visas it offers

by Meghan McCarty Carino

Dec 14, 2022

H-2Bs, temporary non-agriculture work visas for foreigners without advanced degrees, are used for jobs in landscaping, food processing and hospitality.

The industries that rely heavily on H-2B visas also have high incidences of wage theft, said Daniel Costa at the Economic Policy Institute.

Stefani Reynolds/AFP via Getty Images

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The team

David Brancaccio Host

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Redmond Carolipio Digital Producer

Ariana Rosas Producer

Jarrett Dang Digital Producer (gone fishing)

Jesson Duller Media Producer

Brian Allison Technical Director

Nick Esposito Media Producer

Katie Barnfield Producer, BBC

James Graham Producer, BBC

Jo Critcher Producer, BBC

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