logo
episode-header-image
Jun 2024
13m 21s

Americans Hate Inflation. That’s Bad New...

The Wall Street Journal
About this episode

P.M. Edition for June 10. Economists say higher inflation than the 2% the Federal Reserve is aiming for could help the Fed get out of possible downturns. But, as economics reporter Justin Lahart points out, inflation is unpopular among consumers. And Apple announces a software update that includes generative artificial intelligence. Plus, extreme weather is putting crops like olives, cocoa and grapes at risk. Reporter Jon Emont says that is raising prices for goods like olive oil, chocolate and wine. Alex Ossola hosts.


Sign up for the WSJ's free What's News newsletter.

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
Jun 2024
Is the Fed Thinking About Inflation All Wrong?
For over a decade, America’s central bank has had an inflation target of 2%. On Wednesday, the Federal Reserve announced that it would keep its main interest rate unchanged in order to try and get inflation to that magic number. But what if the Fed is thinking about inflation all ... Show More
17m 3s
Jul 2022
How Expecting Inflation Can Actually Create More Inflation
To fight historic levels of inflation, the Federal Reserve this week, once again, raised interest rates, its most powerful weapon against rising prices.The move was intended to slow demand, but there was also a psychological factor: If consumers become convinced that inflation is ... Show More
28m 41s
Sep 2022
Inflation nation: The Fed raises rates, again
America’s Federal Reserve made its third straight 0.75% interest-rate hike, with Jerome Powell, the Fed’s chair, warning that more hikes would follow. But with inflation still high, and labour markets still tight, is the Fed doing all it can? A new report suggests that forced lab ... Show More
23m 39s
Sep 2022
Inflation nation: The Fed raises rates, again
America’s Federal Reserve made its third straight 0.75% interest-rate hike, with Jerome Powell, the Fed’s chair, warning that more hikes would follow. But with inflation still high, and labour markets still tight, is the Fed doing all it can? A new report suggests that forced lab ... Show More
23m 39s
Apr 2024
Why the Fed Is Steering Away From Rate Cuts
Yesterday, Federal Reserve Chair Jerome Powell called into question whether the Fed will be able to lower interest rates this year as hoped. WSJ’s Nick Timiraos on how the Fed’s outlook on the economy has changed.  Further Reading: - Powell Dials Back Expectations on Rate Cuts  - ... Show More
18m 10s
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
Nov 2023
Speaker Mike Johnson Faces Test in Averting Government Shutdown
Plus: A drop in oil prices has likely kept the rate of inflation in check, taking pressure off the Fed. And, climate change is costing the U.S economy almost $150 billion each year. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices 
2m 59s
Listen to millions of songs and podcasts on Anghami