Sep 7, 2023

The Chicago Fed president on the path forward for interest rates

Mark Wilson/Getty Images

Today, the Chicago Fed's Austan Goolsbee shares his thoughts on the likelihood of a soft landing for the economy.

Segments From this episode

Fed is nearing a point when it is not a matter of raising rates, but how long to keep them high, says Chicago Fed CEO Austan Goolsbee

by Kai Ryssdal and Andie Corban

Sep 7, 2023

There is growing confidence that the Fed can pull off lowering inflation without a recession, said Chicago Fed CEO Austan Goolsbee.

"There's a growing confidence that we can pull off" a soft landing, says Chicago Fed chief Austan Goolsbee. "The only thing I want to caution you is that it's not a guarantee."

Mark Wilson/Getty Images

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An inverted yield curve usually signals recession. Is it wrong this time?

by Matt Levin

Sep 7, 2023

For well over a year, the interest paid by long-term Treasury bonds has been lower than that of shorter-term debt. But a recession hasn't happened yet.

When the yield curve inverts, it indicates that bond investors are betting on a coming recession.

Angela Weiss/AFP via Getty Images

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A Warmer World

Big Tech is buying into the early carbon-removal market

by Meghan McCarty Carino

Sep 7, 2023

Microsoft is paying $200 million to a company using crushed rock to absorb carbon, and the Frontier consortium is backing emerging technology.

Investing in emerging environmental technology "signals to consumers or to their customers that this is a company that's a leader, that's ahead of the game," said Daniel Korschun, a marketing professor at Drexel University.

Tim Heitman/Getty Images for BIG3

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Some singles are done with dating apps

by Kristin Schwab

Sep 7, 2023

And they've turned their efforts to other methods, like speed dating and matchmakers.

Participants at a speed dating event in London.

Adrian Dennis/AFP via Getty Images

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Music from the episode

Red Light Kisses Lake Street Dive

Vegan Chai It's Butter

Mirage Toro y Moi

Love of My Life Erykah Badu, Common

Honey Jack D Smoke

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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