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Why haven't American 8th graders' math scores recovered? Does Immigration and Customs Enforcement (ICE) actually have the resources to make all the deportations Trump's promised? And what's the path for interest rates in the Trump economy? All that on Indicators of the Week.
Related Episodes:
The U.S. once banned Chinese immigrants — and it paid an economic price
Why Is The Fed So Boring?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further away from its inflation goal and reducing the chance of a another reduction in borrowing costs soon.
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Inflation Worsened in December. What It Means for Fed Rate Cuts. Barron'sThe Fed's go-to inflation gauge heated up again CNNFed's Favored Inflation Gauge Accelerates Further In December Barron'sKey Fed measure shows core inflation at 2.8%, in line with expectations CNBCUS inflation is lingering an
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See the difference in monthly costs between a typical mortgage signed today and one signed just a few months ago.
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Pending home sales in the U.S. fell in December as mortgage rates climbed again.
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The European Central Bank's reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
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