Tricks of the TradeTrump's Second TermMy EconomyI've Always Wondered ...

Loading...

0:00
0% played
Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Stories Tagged as

Interest rates

What's Fed Chair Powell trying to tell us about future interest rate hikes?

by Mitchell Hartman
Jun 21, 2023
Jerome Powell has stuck to the same script on whether more interest rate increases are coming — but that script has a cliffhanger ending.
Federal Reserve Chair Jerome Powell testifies before the House Financial Services Committee on Wednesday.
Stefani Reynolds/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Race and Economy

Black homeownership climbed early in the pandemic. Is progress stalling?

by Matt Levin
Jun 19, 2023
Higher mortgage rates could disproportionately hurt Black homebuyers.
Historically low mortgage rates lifted homeownership across racial and ethnic groups. But those rates have more than doubled since 2021.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
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
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Fed pauses rate hikes, hints at 2 more potential increases this year

by Associated Press
Jun 14, 2023
For the first time in 15 months, the Federal Reserve has kept its key interest rate unchanged.
Kevin Dietsch/Getty Images
Share Now on:
SHARE

Should the Fed raise its 2% inflation target?

by Kristin Schwab
Jun 12, 2023
Some economists think the Fed should aim higher than that magical 2% rate.
Jerome Powell is expected to announce a pause on interest rate hikes this week as the Fed tries get inflation down to a target of 2%.
Win McNamee/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Americans have almost $990 billion in credit card debt

by Stephanie Hughes
Jun 9, 2023
But with interest rates high and wage growth slowing, that level of spending is becoming unsustainable.
Between early 2021 and mid-2022, about 10 million people got credit cards who hadn’t had them before.
Olivier Douliery/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Apartment construction is booming, but it probably won't last

by Henry Epp
Jun 2, 2023
The Census reports that construction of multifamily homes, like apartment buildings, was up about 25% year-over-year.
The Census reports that construction of multifamily homes, like apartment buildings, was up about 25% year-over-year.
Brandon Bell/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

What does the decline in corporate profits say about the economy?

by Samantha Fields
May 25, 2023
Profits fell for the second quarter in a row, partly due to Fed rate hikes. Whether it’s a good thing depends on your role in the economy.
Profits are falling, but the stock market is "not freaked out," says Bruce Sacerdote of Dartmouth.
Timothy A. Clary/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Corporate borrowing is up this month, despite rising interest rates

by Justin Ho
May 19, 2023
Recent mergers and the ongoing debt limit negotiations in Congress could be prompting companies to borrow more.
Large mergers, like Pfizer’s $43 billion purchase of the biotech company Seagen, is one reason why corporate borrowing is up this month.
Kena Betancur/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

2023 has been a year for bankruptcy

by Kristin Schwab
May 18, 2023
More than 230 companies declared bankruptcy before the end of April. What is happening?
David’s Bridal is among the more than 230 companies that declared bankruptcy before the end of April.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE