Housing, yen, supply chains vs. the Fed

The Indicator from Planet Money

NPR

Business

4.7 • 9.2K Ratings

🗓️ 23 September 2022

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When interest rates are on the up and up, the housing market tends to slide down and down. That, plus the declining value of the Japanese yen, and updates about the global supply chain on indicators of the week.

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

Transcript

Click on a timestamp to play from that location

0:00.0	NPR.
0:11.6	This is the indicator from Planet Money I'm Terriam Woods.
0:13.8	And I'm Adrian Mark.
0:15.4	For Indicators of the Week we take three of the most revealing indicators throughout the
0:20.4	economy and we give you a little bit of a story behind them.
0:24.0	So this week for Indicators of the Week we're joined by our colleague from Planet Money
0:28.3	Alexi Horowitz-Gazi, welcome to the show.
0:30.6	Thank you for having me crash landing from across the monetary solar system.
0:34.6	And Alexi you've beamed in during a pretty big week because this past week everyone
0:39.5	was looking at Jerome Powell the head of the Federal Reserve and looking at like what
0:44.7	is he going to announce with interest rates.
0:46.6	I mean in the end it wasn't that much of a surprise, it was three quarters of a percentage
0:49.9	point.
0:50.9	I think a lot of people were expecting that.
0:52.0	But yeah a big week.
0:53.3	So Alexi take us away.
0:56.0	Today on the show how this continued ratcheting up of interest rates is slowing down our housing
1:01.7	market.
1:02.7	Plus what other central banks around the globe are doing, particularly Japan.
1:07.1	And finally we revisit a supply chain indicator we introduced you to way back in January
1:12.3	of this year.
1:13.6	All of that coming up after the break.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from NPR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NPR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.