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Home > Marketplace with Kai Ryssdal > Interest rates are high, but consumer confidence is up
Podcast: Marketplace with Kai Ryssdal
Episode:

Interest rates are high, but consumer confidence is up

Category: Business
Duration: 00:27:43
Publish Date: 2023-07-26 22:38:38
Description:

Sure, today the Federal Reserve hiked its key interest rate to the highest level since 2001. But consumers are feeling much rosier about the economy lately, thanks to cooling inflation and a strong labor market. Plus, higher interest rates spell trouble for businesses, and a lack of investment in women’s soccer has debilitating physical consequences.

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