Marketplace As the job market slows, inflation speeds up
58 snips
Sep 11, 2025 As the job market cools, the Federal Reserve faces tough choices between interest rates and inflation. Discover why utility costs are rising and how some restaurants continue to hire amidst economic uncertainty. Dive into the debate around private equity in retirement accounts, exploring the pros and cons for investors. Plus, hear an inspiring story about turning homes into creative spaces for film productions, showcasing the charm of local filmmakers. Each conversation reveals a unique economic twist that affects us all.
AI Snips
Chapters
Transcript
Episode notes
Fed's Dual-Mandate Trade-Off
- The Fed faces a trade-off between lowering rates to help jobs and keeping them high to restrain inflation.
- Policymakers must weigh conflicting risks to employment and price stability simultaneously.
Trends, Not Levels, Drive Policy
- Labor market trends and inflation are moving in opposite directions, complicating Fed choices.
- The Fed previously prioritized inflation but may shift focus as labor signals strengthen.
Fine Dining Packed Despite Weakness
- Chicago's new high-end steakhouse Alston booked weeks in advance despite economic worries.
- Restaurateur Scott Weiner says wealthy diners keep spending while middle-income customers still prioritize eating out.