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Economy update: Massive interest rate hike, inflation woes and recession concerns episode artwork

EPISODE · Jun 18, 2022 · 10 MIN

Economy update: Massive interest rate hike, inflation woes and recession concerns

from The Week in Philly from KYW Newsradio · host Audacy

The Federal Reserve hiked interest rates by a significant amount to try and tackle inflation. Recession concerns are rising. Retail sales went down a third of a percent. Homebuilding slumped in May. Put all these things together, what do they mean for the economy? What's important, and what's hype? We ask Philadelphia economist David Fiorenza.

What this episode covers

The Federal Reserve hiked interest rates by a significant amount to try and tackle inflation. Recession concerns are rising. Retail sales went down a third of a percent. Homebuilding slumped in May. Put all these things together, what do they mean for the economy? What's important, and what's hype? We ask Philadelphia economist David Fiorenza.

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Economy update: Massive interest rate hike, inflation woes and recession concerns

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Frequently Asked Questions

How long is this episode of The Week in Philly from KYW Newsradio?

This episode is 10 minutes long.

When was this The Week in Philly from KYW Newsradio episode published?

This episode was published on June 18, 2022.

What is this episode about?

The Federal Reserve hiked interest rates by a significant amount to try and tackle inflation. Recession concerns are rising. Retail sales went down a third of a percent. Homebuilding slumped in May. Put all these things together, what do they mean...

Can I download this The Week in Philly from KYW Newsradio episode?

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