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The Indicator from Planet Money

Powell pivots, COVID spikes

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 18 December 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

Concern about inflation has the Federal Reserve pivoting from its earlier plans. Meanwhile, a spike in COVID cases disrupts Broadway, ball games, and businesses.

Transcript

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0:00.0

Hey everyone, Darym Woods from The Indicator here and here is one reason why you should

0:04.6

donate to a local NPR station, the best way to support the indicator.

0:09.0

Behavioral economists have discovered this thing called the IKEA effect and this is a real

0:13.4

effect.

0:14.4

It shows that people like their IKEA furniture more because they had to assemble their beds

0:19.0

and bookcases.

0:20.0

In other words, contributing makes you appreciate the thing more.

0:24.0

So come help us build the indicator.

0:26.0

To donate to NPR.org, such indicator.

0:33.0

NPR.

0:44.0

This is the indicator from Planet Money.

0:46.0

I'm Stacey Vanick-Smith.

0:47.0

And I'm Adrienne Ma.

0:48.0

And it is Friday.

0:50.0

Woohoo!

0:51.0

We made it!

0:52.0

Adrienne!

0:53.0

Through this video.

0:54.0

And it is now time for indicators of the week when we kind of look over the landscape

0:58.2

of the week and pick out a couple of indicators that really stood out to us.

1:02.6

So Adrienne, what is the little taste of your indicator of the week?

1:05.2

We're going to talk about the economic effects we're starting to see from the recent rise

...

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