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Bring on the drama, Jay Powell

Marketplace

English - March 22, 2024 23:20 - 28 minutes - 11.8 MB - ★★★★★ - 7.5K ratings
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Previous Episode: Weekly jobless claims fall 
Next Episode: All in on clean energy

At first, Federal Reserve Chair Jay Powell’s speeches may seem yawn-inspiring. But economists, stock brokers and business folks around the globe pick over his every word, hoping for hints about the economy to come. In this episode, Fed chair speech theatrics: You just have to know what to listen for. Plus, Walmart starts selling luxury goods, affordable electric vehicles may be on their way and an economic indicator that’s been signaling “recession to come” for two years has finally turned around.