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The Fed Interest Rate Hike
Podcast |
Ones and Tooze
Publisher |
Foreign Policy
Media Type |
audio
Podknife tags |
Business
Economics
Categories Via RSS |
Business
Business News
History
News
Publication Date |
Jun 17, 2022
Episode Duration |
00:35:55
It has been a rocky week for the U.S. economy, with record high inflation reports and the Federal Reserve increasing benchmark interest rates by three-quarters of a percentage point. This is the steepest hike in close to thirty years. In this episode, Adam and Cam make sense of this spike and ponder what the Biden administration should do to curb inflation – if anything.  Later on, they set their eyes on Colombia, which has a presidential election on Sunday. For the first time in Colombia, there's a high likelihood they may elect a left-wing president. Adam and Cam analyze why right-wing economics have been such a large part of Colombian history and what presidential candidate Gustavo Petro’s proposed policies could do for the country. Learn more about your ad choices. Visit megaphone.fm/adchoices
It has been a rocky week for the U.S. economy, with record high inflation reports and the Federal Reserve increasing benchmark interest rates by three-quarters of a percentage point. This is the steepest hike in close to thirty years. In this episode, Adam and Cam make sense of this spike and ponder what the Biden administration should do to curb inflation – if anything.  Later on, they set their eyes on Colombia, which has a presidential election on Sunday. For the first time in Colombia, there's a high likelihood they may elect a left-wing president. Adam and Cam analyze why right-wing economics have been such a large part of Colombian history and what presidential candidate Gustavo Petro’s proposed policies could do for the country. Learn more about your ad choices. Visit megaphone.fm/adchoices

It has been a rocky week for the U.S. economy, with record high inflation reports and the hikes-its-benchmark-interest-rate-by-three-quarters-of-a-point-the-biggest-increase-since-1994.html">Federal Reserve increasing benchmark interest rates by three-quarters of a percentage point. This is the steepest hike in close to thirty years. In this episode, Adam and Cam make sense of this spike and ponder what the Biden administration should do to curb inflation – if anything. 

Later on, they set their eyes on Colombia, which has a presidential election on Sunday. For the first time in Colombia, there's a high likelihood they may elect a left-wing president. Adam and Cam analyze why right-wing economics have been such a large part of Colombian history and what presidential candidate Gustavo Petro’s proposed policies could do for the country.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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