This week, the Federal Reserve is expected to raise interest rates again, despite coming under scrutiny in recent months for its aggressive hikes to battle inflation. This week on Intercepted: Jon Schwarz, senior writer with The Intercept, talks all things Fed, the most powerful economic institution in the U.S. Schwarz is first joined by Intercept reporters Ken Klippenstein and Daniel Boguslaw, who discuss how banks are lobbying the Fed, raising questions about the institution’s independence. Schwarz is then joined by former Fed economist Claudia Sahm to break down the Fed’s role in the economy and how its efforts to curb inflation are destabilizing the global economy and raising unemployment.
Ken and Dan's story "The Fed Likes to Tout its Independence. So Why are Big Banks Lobbying It?": https://theintercept.com/2022/10/26/federal-reserve-bank-lobby/
join.theintercept.com/donate/now
Hosted on Acast. See acast.com/privacy for more information.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
The Nikki Glaser Podcast
Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.