logo
episode-header-image
Feb 2023
18m 47s

Two Indicators: Inside the Fed, then and...

NPR
About this episode
A lot of the time, economic policy can seem pretty impersonal — cold, hard, data-driven. But at the heart of the Federal Reserve are people: fallible, complicated people who are just doing their best to steer the economy in the right direction.

Often, we remember them just for their economic decisions. But today, we're airing two episodes from our daily economics show The Indicator that profile the people inside the Fed. First, we're heading back to the 1970s to revisit Arthur Burns' oft-criticized stint as Fed chair. Next, we have a conversation with Mary Daly, the current president of the San Francisco Fed, about her remarkable path from high school dropout to one of the most important economic voices in the nation.

These two Indicator episodes were originally produced by Viet Le and Brittany Cronin. They were fact-checked by Sierra Juarez and Dylan Sloan and edited by Kate Concannon. The Planet Money version was produced by Dylan Sloan, engineered by Josh Newell and edited by Dave Blanchard.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in
Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy
Up next
Oct 2023
The flight attendants of CHAOS
When contract negotiations between Alaska Airlines and their flight attendants' union broke down in 1993, the union had a choice to make. The union — The Association of Flight Attendants-CWA — knew that if they chose to strike, Alaska Airlines could use a plan. While Alaska Airli ... Show More
28m 51s
May 2023
How you fight a squatting goat
Back in 2005, Burt Banks inherited a plot of old family land in Delaware. But when it came time to sell it, he ran into a problem: his neighbor had a goat pen, and about half of it crossed over onto his property. Burt asked the goats' owner to move the pen, but when neighborly pe ... Show More
28m 53s
Jan 2022
HBO 2.0
What happens when the iconic symbol of your brand no longer makes sense? Today, HBO tries to evolve their sonic brand. This episode was adapted from the podcast Twenty Thousand Hertz. | Subscribe to our weekly newsletter here. Learn more about sponsor message choices: podcastchoi ... Show More
18m 49s
Recommended Episodes
Dec 2022
Where Things Stand Now With Inflation and the Fed
Last week was a big one. On Tuesday, we got a CPI report that came in substantially cooler than expected. Then on Wednesday, the Fed hiked 50 basis points, which was a step down from the series of 75 basis point hikes that we had been getting at recent meetings. So where do thing ... Show More
49m 37s
Dec 2022
Fed hints at less aggressive rate increase
<p>Federal Reserve chair Jay Powell signalled the central bank will start to slow the pace of interest rate increases, French president Emanuel Emmanuel Macron is meeting with US president Joe Biden today, and Eurozone inflation finally slowed down. Plus, we get the latest on the ... Show More
9m 15s
Aug 2023
Bloomberg Wall Street Week - August 4th, 2023
On this special edition of Wall Street Week, Bloomberg's David Westin spoke with key players in economic policy and business as they gathered in Colorado for the 2023 Aspen Economic Strategy Group Conference. Cecilia Rouse, Former Council of Economic Advisers Chair tells us why a ... Show More
34m 30s
Dec 2022
Fed enters a new phase
<p>The Federal Reserve slowed the pace of its interest rate increases, western sanctions are causing a steady degradation, rather than a dramatic collapse, of Russia’s economy, and billionaire Ray Dalio is teaming up with <em>Titanic</em> director James Cameron to invest in a lux ... Show More
8m 47s
Sep 2023
Fed signals fewer cuts in 2024
<p>Federal Reserve officials on Wednesday signalled support for another rate rise this year and fewer cuts in 2024, share buybacks on the US stock market have dropped to the slowest pace since the early part of the Covid-19 pandemic, and the FT’s Gideon Rachman talks about his ne ... Show More
9m 16s
Apr 2024
Columbia's Stiglitz Doubts Direction of Fed Policy
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Columbia University Professor and Nobel Laureate Economist Joseph Stiglitz shares his thoughts on the US economy and discusses his book The Road to Freedom: Economics and the Good Society. Bloomberg News US Sem ... Show More
48m 32s