Welcome back, net neutrality
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 26 April 2024
⏱️ 7 minutes
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Summary
The Federal Communications Commission has repealed a Trump-era ruling that ended net neutrality — basically the idea that internet providers can’t favor some sites or apps over others. We dig into why it’s such a hot topic and how the new decision might affect your internet access. Plus, the inflation outlook with Chris Low from FHN Financial.
Transcript
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| 0:00.0 | Inflation is still not going down from marketplace. I'm Sabrie Beneschior |
| 0:07.2 | in for David Brunkachio. Overall prices in the economy in March crept up |
| 0:12.3 | three-tenth of a percent which is the same thing that they did |
| 0:15.2 | the month before year inflation was 2.7 percent that is higher than the month |
| 0:21.0 | before that makes four solid months of overall inflation |
| 0:24.4 | not doing what everyone wants it to do which is go down. Christopher Lowe is |
| 0:29.0 | chief economist at FHN Financial in New York and is here to talk about it. |
| 0:32.4 | Hi Chris. Good morning, Subbray. FHN Financial in New York and is here to talk about it. |
| 0:32.8 | Hi Chris. |
| 0:34.0 | Good morning, Sabrie. |
| 0:35.4 | So the overall level of inflation in the economy increased. |
| 0:39.5 | That's not good. |
| 0:40.7 | No, it's not. |
| 0:41.8 | Although there's a little bit of relief in the markets today. |
| 0:45.8 | We got quarterly inflation numbers yesterday that were worse than expected. |
| 0:50.6 | And then we got March inflation today, which turned out to be as expected, |
| 0:56.7 | except that that's a survey that was done last week, |
| 1:00.0 | when we thought inflation was lower than it was in the quarter. |
| 1:04.3 | Anyway, point is 0.3% increase in inflation, headline, |
| 1:09.9 | and 0.3 excluding food and energy. People were thinking it was going to be a little |
| 1:14.6 | bigger than that. So maybe when we got quarterly inflation data yesterday and the market's |
| 1:19.6 | completely freaked out the fears were overblown because things aren't quite as terrible? |
... |
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