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Kai Ryssdal

๐Ÿ‘ค Speaker
970 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

It is Tuesday, the 24th day of February.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Good as always.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Have you along, everybody.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

All right, so to be fair to Rafael Bostic, the skateboarding modeling gig was when he was a kid.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

But that is, in fact, how our interview started at an event this morning here in Atlanta.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

After nine years, Saturday is Bostic's last day on the job, running one of the 12 regional Federal Reserve banks and, on a rotating basis, voting on interest rate policy.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

So we started with him not getting to do that anymore.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

The first thing I want to ask you is,

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Not that you're done done, but what was it like leaving your last FOMC meeting, knowing that you were on your way out?

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

This is, and you've said a version of this, as uncertain a time, as tough a time for monetary policy and central bankers as there has been in a very long while.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

First of all, why do you believe that?

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Why do you say that?

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Do those dissents bother you, the idea that people are going to not go along with the majority of the committee?

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

No.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

So let's talk about for a second what you're looking at right now in this economy.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

And you're not allowed to say labor market or inflation.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Go.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

My job is to ask hard questions, sir.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Let me go sideways here for just a second.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Since you mentioned the president and tariffs, I truly do not want to get political about this.