Your move, Federal Reserve
Marketplace
Marketplace
4.6 • 8.6K Ratings
🗓️ 21 July 2023
⏱️ 27 minutes
🧾️ Download transcript
Summary
We got retail sales and housing data this week, and there’s some optimistic news. Are these signs of a “soft landing”? The Federal Reserve hasn’t said — nobody wants to jinx it. We’ll examine the data and what it means for a potential Fed rate hike next week. Also on the program: a trip to a winery in southwest Germany and a famous pony ranch on Virginia’s Chincoteague Island.
Transcript
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| 0:00.0 | Hey everybody, it's Kai. |
| 0:01.6 | Listen, is it time to upgrade your car? |
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| 0:12.3 | Let us turn your old car into a donation |
| 0:14.5 | to power the journalism you rely on. |
| 0:16.5 | Go to Marketplace.org slash vehicle |
| 0:18.6 | to donate your car today. |
| 0:22.0 | The economic news of this week |
| 0:24.0 | and looking ahead to the Fed meeting next week. |
| 0:27.1 | Plus ponies. |
| 0:28.9 | From American public media, this is Marketplace. |
| 0:41.0 | In Washington, DC, I'm Kimberly Adams in for Kai Ristall. |
| 0:44.5 | It's Friday, July the 21st. |
| 0:46.5 | Good to have you with us. |
| 0:48.1 | Lots of economic news out this week. |
| 0:50.4 | We'll get to some housing data in a bit. |
| 0:52.8 | But honestly, who cares about this week? |
| 0:55.1 | When next week we have another Fed meeting coming up |
| 0:58.6 | and all the cool kids want to know |
| 1:00.8 | what the members of the Federal Open Market Committee |
... |
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