Current:Home > FinanceThe Fed decides to wait and see -DataFinance
The Fed decides to wait and see
View
Date:2025-04-13 18:02:09
Since March 2022, the Federal Reserve has raised interest rates 10 times with the goal of fighting inflation. But today, in a break from that pattern, the Fed has finally decided to do ... nothing. To leave interest rates where they are. So what gives? And why is it taking so long for inflation to come down to Earth? To understand that, it helps to think about the economy as an old, finicky shower. Really.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (8)
Related
- Meta releases AI model to enhance Metaverse experience
- Phil Knight, Terrell Owens and more show out for Deion Sanders and Colorado
- Minnesota Twins clinch AL Central title with win over Los Angeles Angels
- Lebanese and Israeli troops fire tear gas along the tense border in a disputed area
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- At the edge of the UN security perimeter, those with causes (and signs) try to be heard
- 'All about fun': Louisiana man says decapitated Jesus Halloween display has led to harassment
- Train crash in eastern Pakistan injures at least 30. Authorities suspend 4 for negligence
- What do we know about the mysterious drones reported flying over New Jersey?
- White House creates office for gun violence prevention
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Germany considering short-term migration border controls with Poland and the Czech Republic
- Nevada Republicans have set rules for their presidential caucus seen as helping Donald Trump
- A study of this champion's heart helped prove the benefits of exercise
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Lots of dignitaries but no real fireworks — only electronic flash — as the Asian Games open
- Savannah Chrisley Mourns Death of Ex-Fiancé Nic Kerdiles With Heartbreaking Tribute
- Why are people on TikTok asking men how often they think about the Roman Empire?
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
3-year-old boy found dead in Rio Grande renews worry, anger over US-Mexico border crossings
5 dead as train strikes SUV in Florida, sheriff says
A Ukrainian train is a lifeline connecting the nation’s capital with the front line
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Seattle police officer put on leave after newspaper reports alleged off-duty racist comments
Biden faces foreign policy trouble spots as he aims to highlight his experience on the global stage
Mexican president wants to meet with Biden in Washington on migration, drug trafficking