With prices on the rise in the U.S. economy, the Federal Reserve is expected to announce on Wednesday an increase in interest rates, essentially pouring a cold glass of water on the economy.
Why would the central bank do that? The answer lies in the inflation crisis of the 1970s, when a failure to react quickly enough still looms large in the memory.
Guest ... Show More
Yesterday
An I.V.F. Mix-Up and an Impossible Choice
For millions of families, in vitro fertilization is a modern medical miracle. But the field is largely unregulated, and for a small number of parents, things can go terribly wrong.Susan Dominus discusses her story about how two families navigated an unthinkable I.V.F. mistake tha ... Show More
46m 31s
Jan 15
Trump’s D.O.J. Went After the Fed. It Backfired.
The Trump administration’s decision to open a criminal investigation into the Federal Reserve chairman, Jerome H. Powell, has stunned the worlds of business and politics.Colby Smith and Glenn Thrush, who have been covering the news, discuss how the investigation came about, the p ... Show More
28m 15s
<p>Inflation has hit a 40-year high in the U.S., driving up the cost of everything from groceries to housing. As the Fed prepares to raise interest rates, here’s what to watch out for.</p><p><br></p><p>Read more:</p><p><br></p><p>In December, inflation hit a staggering 7 percent. ... Show More
