A new normal for interest rates?
Listen now
Description
If you’re waiting for interest rates to fall back to the near-zero levels of the 2010s, don’t hold your breath. On Capitol Hill this week, Federal Reserve Chair Jerome Powell told senators that era is probably over. We’ll get into it. And, we’ll unpack why more NATO members are spending more on defense and what’s causing widespread financial strain for hospitals and health systems. Plus, how things could change for federal agencies and lawmakers in a post-Chevron doctrine world. Here’s everything we talked about today: “Era of near-zero interest rates likely over: Powell” from The Hill “Fed steers interest rates on path toward ‘neutral'” from Marketplace “NATO’s place in the global economy” from Marketplace “NATO on the Edge: Biden Praises and Trump Denigrates a 75-Year Alliance” from The New York Times “Health care openings still hot amid cooling job market” from Marketplace “New AHA Report: Hospitals and Health Systems Continue to Face Rising Costs, Economic Pressures” from the American Hospital Association “With end of ‘Chevron deference,’ Supreme Court changes how agencies, lawmakers work” from Marketplace We love to hear from you. Send your questions and comments to [email protected] or leave us a voicemail at 508-U-B-SMART.
More Episodes
The IRS and U.S. Treasury Department announced today the recovery of $1.3 billion from high-income tax dodgers since last fall, citing funding from President Joe Biden’s Inflation Reduction Act as the catalyst for increased collection enforcement efforts. And we hear about the a new investigation...
Published 09/07/24
Published 09/07/24
The Harris campaign is proposing a bump in the capital gains tax that’s well below the rate President Biden had put forward. We’ll get into why remixing Biden’s tax plan scored her some points with corporate supporters. And, we’ll explain the fight between Disney and DirecTV that’s causing...
Published 09/05/24