Current:Home > InvestThe Fed decides to wait and see -Secure Growth Solutions
The Fed decides to wait and see
View
Date:2025-04-17 20:35:34
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! (31651)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Ex-NYPD commissioner Bernard Kerik meets with special counsel investigators in 2020 election probe
- Simon & Schuster purchased by private equity firm KKR for $1.62 billion
- Meghan Markle and Prince Harry Are Making Netflix Adaptation of the Book Meet Me at the Lake
- Former longtime South Carolina congressman John Spratt dies at 82
- William Friedkin, director of acclaimed movies like The French Connection and The Exorcist, dead at 87
- With strike talk prevalent as UAW negotiates, labor expert weighs in
- With strike talk prevalent as UAW negotiates, labor expert weighs in
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Father of missing girl Harmony Montgomery insists he didn’t kill his daughter
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Lecturers in the UK refuse to mark exams in labor dispute, leaving thousands unable to graduate
- 'Less lethal shotguns' suspended in Austin, Texas, after officers used munitions on 15-year-old girl
- Music Review: Neil Young caught in his 1970s prime with yet another ‘lost’ album, ‘Chrome Dreams’
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Jon Batiste says his new album connects people to their own humanity and others
- Kansas officer critically wounded in shootout that killed Tennessee man, police say
- Biden jokes he can relate with Astros' Dusty Baker, oldest manager to win World Series
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Texas judge dismisses murder charge against babysitter who served 15 years over toddler’s death
Carcinogens found at Montana nuclear missile sites as reports of hundreds of cancers surface
Heading to the Eras tour? Don't bring these items to the concert
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Funeral planned in Philadelphia for O’Shae Sibley, who was killed in confrontation over dancing
DJ Casper, creator of the iconic and ubiquitous 'Cha Cha Slide,' has died at 58
The Trading Titan: Mark Williams' Guide to Successful Swing Operations