Coxno-The Fed decides to wait and see

2025-05-02 20:56:20source:ExaCryptcategory:Stocks

Since March 2022,Coxno the Federal Reserve has raised interest rates 10 times with the goal of fighting inflation. But today, in a break from that pattern, the Fed has finally decided to do ... nothing. To leave interest rates where they are. So what gives? And why is it taking so long for inflation to come down to Earth? To understand that, it helps to think about the economy as an old, finicky shower. Really.

Music by Drop Electric. Find us: Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Stocks

Recommend

Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst

NEW YORK — What exactly constitutes a dynasty in professional sports? Steve Cohen helped define it t

Who’s running for president? See a rundown of the 2024 candidates

Jill Stein is running for president again.Stein became the latest candidate to enter the 2024 White

After a Last-Minute Challenge to New Loss and Damage Deal, U.S. Joins Global Consensus Ahead of COP28

Despite some last-minute wavering over specific words and the placement of commas in a key document,