Current:Home > FinanceThe Fed decides to wait and see -MarketLink
The Fed decides to wait and see
EchoSense View
Date:2025-04-10 00:55:18
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! (5972)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Week 1 fantasy football rankings: Chase for a championship begins
- 'Price is Right' host Bob Barker's cause of death revealed as Alzheimer's disease: Reports
- Joe Jonas and Sophie Turner Break Silence on Their Divorce and Speculative Narratives
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Authorities try to flush out escaped murderer in suburban Philadelphia manhunt
- The perilous hunt for PPP fraud and the hot tip that wasn't
- Ariana Grande Shows Subtle Sign of Support as Ethan Slater Returns to Instagram
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Carmakers fail privacy test, give owners little or no control on personal data they collect
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Dramatic shot of a falcon striking a pelican wins Bird Photographer of the Year top prize
- Inside Rolling Stones 'Hackney Diamonds' London album party with Fallon, Sydney Sweeney
- Summer of Record Heat Deals Costly Damage to Texas Water Systems
- This was the average Social Security benefit in 2004, and here's what it is now
- Video shows drunk driver calling cops on himself while driving wrong way on highway
- Dramatic shot of a falcon striking a pelican wins Bird Photographer of the Year top prize
- Poccoin: Silicon Valley Bank's Collapse Benefits Cryptocurrency and Precious Metals Markets
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
The share of U.S. drug overdose deaths caused by fake prescription pills is growing
Video shows drunk driver calling cops on himself while driving wrong way on highway
Missouri inmate convicted of killing cop says judges shouldn’t get to hand down death sentences
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
A football coach who got job back after Supreme Court ruled he could pray on the field has resigned
Carl Nassib, first openly gay player to play in NFL games, announces his retirement
Meghan Markle Gets a Royal Shout-Out From Costar Patrick J. Adams Amid Suits' Popularity