Kai Ryssdal
๐ค SpeakerAppearances Over Time
Podcast Appearances
The Federal Reserve had that day raised its benchmark interest rate, the federal funds rate, by 25 basis points, a quarter of one percentage point.
And that was a big deal because if you remember back then, 2023-ish, the middle of that year,
Inflation was going up, people a little agitated, COVID was still not completely in the rearview mirror, and it was a very big deal because the Fed also said that day, we don't think there's going to be a recession.
So there I am, scrolling my Instagram, and this post pops up.
The point is... The resilience of the economy recently, they are no longer forecasting recession.
Little known fact, Jay Powell, the chairman of the Fed, can talk Taylor Swift with you.
I happen to know that from personal experience.
So anyway, so there I am at work, scrolling through my answer, and that thing pops up, and I send it to the rest of the team, and I said, we have got to get Kyla Scanlon on the program because we are doing the same thing.
We are trying to make people understand the economic forces that shape their lives.
In the marketplace branding language, we are trying to raise the economic intelligence of this country.
She's doing it with a different style, a better style, a hipper style, granted, right?
We've had her on a couple of times since.
She's got a newsletter you should subscribe to.