logo
episode-header-image
May 2023
17m 44s

Fed Raises Rates for a Tenth Consecutive...

The Wall Street Journal
About this episode

P.M. Edition for May 3. The Federal Reserve raised rates by a quarter percentage point on Wednesday and signaled it could be ready for a pause. Economics reporter Harriet Torry has the details. Plus, Russia blames Ukraine for a drone attack on the Kremlin. Ukraine denies responsibility. WSJ correspondent Bojan Pancevski has more. Annmarie Fertoli hosts.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Yesterday
What the Immigration Slowdown Means for the U.S. Labor Market
P.M. Edition for Aug. 25. This year, net immigration to the U.S. could be negative for the first time in decades, some experts predict. WSJ reporter Paul Kiernan discusses what impact that might have on the country’s job market—and the economy overall—in the short and long term. ... Show More
13m 54s
Yesterday
The Tech Rally Appears to Be Fading
A.M. Edition for Aug 25. The prospect of September interest rate cuts gave markets a boost late last week, but as the tech slide continues, WSJ finance editor Alex Frangos explains why investors are being more cautious of the Magnificent Seven. Plus, Eric Trump tells WSJ’s Vicky ... Show More
13m 42s
Aug 24
How the Rising Cost of College Is Changing Families’ Calculus
Rounding out our week looking at the finances of parenting, we’re looking at one of the biggest costs families can face: college. About 18 million students enrolled in post-secondary education this spring. That’s up from last year. And so is the price of tuition. Sandra Kilhof sp ... Show More
13m 47s
Recommended Episodes
May 2023
Fed hints it might pause rate hikes
The US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point, Russia accused Ukraine of attempting to assassinate President Vladimir Putin in a late-night drone attack on the Kremlin, and local elections in the UK are a major test for the largest t ... Show More
9m 43s
Mar 2022
Russia’s war on Ukraine boosts China’s financial ambitions
Oil and natural gas prices see-sawed as global stocks fell on Monday after a US push to ban Russian crude faced German resistance, the US Treasury warns banks to be on high alert for sanctions evasion, sanctions on Russia could aid Beijing’s efforts to internationalise the renmin ... Show More
10m 47s
Mar 2022
The squeeze on Russia continues
The International Energy Agency will hold an emergency meeting to discuss whether to release oil from strategic stocks to offset rising energy prices caused by Russia’s invasion of Ukraine, Russian financial markets have descended into turmoil after western sanctions over the wee ... Show More
9m 49s
Feb 2022
Sunday, February 13: US officials warn a Russian invasion into Ukraine could happen any time
President Biden warned Russia's Vladimir Putin in a phone call Saturday the cost of an attack on Ukraine would be "swift and severe." That, as more than 100,000 Russian troops stand ready on three sides of Ukraine. The US evacuated most of its embassy on Saturday and several coun ... Show More
39m 8s
Aug 2023
Russia and Ukraine up the ante, Niger’s deadline passes and an interview with the U.S. czar fighting long COVID
Russia and Ukraine step up their attacks on each other as oil prices hit four-month highs. The deadline for Niger’s junta to reinstate the ousted president passes – will West African leaders follow through on threats of intervention? Soccer legend Megan Rapinoe tearfully bows out ... Show More
12m 25s
Mar 2022
The Federal Reserve finally raises rates
The Federal Reserve has lifted its benchmark interest rate by a quarter of a percentage point, Europe’s largest energy traders have called on central banks for help to avert a cash crunch, and the FT’s Tom Mitchell discusses the rising cost of Beijing’s loyalty to Moscow.  Subscr ... Show More
10m 3s
Mar 2023
Banking crisis complicates interest rate decisions
The IMF has struck a deal with Ukraine to provide a $15.6bn loan, some former central bankers say pausing rate increases because of the banking sector turmoil would be a mistake, shares of First Republic Bank rallied after US Treasury secretary Janet Yellen said the government st ... Show More
10m 30s
Mar 2022
Russian banks hobbled by sanctions
US officials say Moscow has asked Beijing for military equipment to support its invasion of Ukraine, Ukraine’s army celebrates its Turkish drones but Ankara plays down weapons sales to appease Moscow, Russia has ratcheted up the chances that it will default on its debt with a thr ... Show More
10m 14s
Oct 2022
Russia unleashes new wave of missile strikes on Ukraine
Russia bombards Ukraine for a second straight day as President Biden calls Putin a “rational actor” who misjudged his ability to invade Ukraine. Also, new warnings of a recession as top economists predict exactly when the downturn will hit. Plus, the DOJ has urged the Supreme Cou ... Show More
39m 3s
Sep 2017
Fed Should Get Out of the Business of Setting Rates, Forbes Says
Steve Forbes, chairman and editor-in-chief of Forbes Media, says the Federal Reserve should let borrowers and lenders set interest rates. Until then it's still the Fed, and Carl Riccadonna, the chief U.S. economist at Bloomberg Intelligence, gives his outlook for rate increases. ... Show More
31m 23s