Inflation nation: The Fed raises rates, again

Economist Podcasts

The Economist

News, News & Politics

4.3 • 5K Ratings

🗓️ 22 September 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 labour and marriage are on the rise around the world. And reflecting on one man’s long search for extraterrestrial life. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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1:01.6	Hello and welcome to the intelligence from the economist.
1:04.9	In New York, I'm John Fastman.
1:10.4	Every weekday, we provide a fresh perspective on the events shaping your world.
1:17.0	In 1981, Mauritania banned forced labor.
1:21.3	Officially, slavery was illegal in every country in the world.
1:25.4	In reality, however, the practice never fully ended, and a new report suggests, sadly, that forced labor and marriage are growing more common.
1:32.8	And Frank Drake spent decades searching for extraterrestrial life.
1:37.7	Not finding it did little to blunt his confidence that it existed.
1:41.4	Our obituaries editor reflects on why his belief remained unshaken.
1:50.6	First up, though,
	...

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