Episode Details
Back to EpisodesWhat the latest jobs report means for interest rates and the economy
Published 2 weeks, 1 day ago
Description
The Hidden Lightness with Jimmy Hinton – The Federal Reserve's challenge is a delicate balancing act. Higher interest rates can help bring inflation back toward the Fed's long-term 2% goal by slowing demand and making borrowing more expensive. But there is a danger on the other side of the equation. If the economy is already slowing, pushing rates higher can create additional pressure...