The Money Ladies' New Year's guide to the 2024 economy
On Point with Meghna Chakrabarti
WBUR
4.3 • 3.9K Ratings
🗓️ 3 January 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
Inflation is slowing, unemployment’s low and the Federal Reserve thinks we’ve probably avoided a recession. Finance journalists Michelle Singletary and Rana Foroohar on what to watch for in our personal finances and national economy this year.
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Hosted by Meghna Chakrabarti, On Point is WBUR’s award-winning, daily public radio show and podcast. Its unique combination of original reporting, first-person stories, and in-depth analysis creates an experience that makes the world more intelligible and humane. Deep dives. Original stories. Fresh takes.
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Transcript
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| 0:00.0 | This is on point. I'm Deborah Becker. Last month one of our listeners left this message in the on point voicemail box. |
| 0:08.0 | Hi, I'd like to hear more about the Academy. I think we need the money ladies more often there are problems we |
| 0:16.4 | get inflation people are maxed out on their credit cards elders have no savings and as they retire they're going to be in poverty and |
| 0:25.1 | commercial real estate it has a big problem because people are working from home |
| 0:29.2 | so I think things are not good in the economy for many individuals and as a whole. |
| 0:37.0 | So as I say the money ladies, but I don't think the economy is as good as it might appear. |
| 0:44.0 | That's Carol from Amorous, Massachusetts, and we've taken her up on that suggestion |
| 0:49.0 | and invited the on-point money ladies Michelle Singletary and Rana Faroohar back on our show today. |
| 0:55.9 | They're here to answer questions about the economy and tell us what we might expect in |
| 1:01.0 | 2024. |
| 1:02.0 | Michelle Singletary is personal finance columnist. expect in 2024. |
| 1:02.6 | Michelle Singletary is personal finance columnist for the Washington Post. |
| 1:06.2 | She writes the nationally syndicated column, The Color of Money. |
| 1:10.2 | She's also author of the book, What Do With Your Money when Crisis Hits a Survival Guide. |
| 1:16.0 | Michelle, welcome back to On Point. |
| 1:18.0 | Oh, thank you for having me. |
| 1:20.0 | And Rana Ferruhar is a CNN global analyst and the Financial Times Global Business |
| 1:24.9 | columnist and Associate Editor. She's also written several books including Homecoming |
| 1:29.5 | The Path to Prosperity in a post- global world and makers and takers, the rise of finance and the fall of American |
| 1:36.6 | business. |
| 1:37.6 | Rana, welcome back to Onpointe. |
| 1:38.6 | Oh, thanks so much. |
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