AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
What is the Federal Reserve Doing?
Let's Appreciate
Introduction
The Federal Reserve raised rates by 75 basis points. The reason that they're raising rates is because they want people to stop demanding things, make it more expensive for people to be alive so we can fight inflation. Jerome Powell highlighted that he thinks the labor market is too strong based on job openings. Quits rates show that maybe the labor market isn't as strong as he might think. If targeting jobs and putting people out of work is really the best way to fight inflation?
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode