Fed Chair Powell says there is economic pain ahead - Midday - Marketplace Minute - August 26, 2022

Marketplace Minute

EpisodeAug 26, 20221m

Fed Chair Powell says there is economic pain ahead - Midday - Marketplace Minute - August 26, 2022

Marketplace Minute

EpisodeAug 26, 20221m

Powell said interest rates must rise more, and for longer, to tame inflation; Fed’s preferred inflation gauge moderates slightly; consumer spending slows; House lawmakers ask Twitter to respond to whistleblower accusations To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

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The Marketplace Minute® has concluded production as of July 2024. The economy is changing so fast. It’s hard to keep up. Get the latest on what’s happening in the economy right now with two-times-a day briefings from Marketplace. More than just the numbers, we bring you the highlights from the most important stories about money, business and the economy. Subscribe to the Marketplace Minute® wherever you get your podcasts or add it to your Alexa flash briefing.

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