Interest rates go up (again).

Last week, the Federal Reserve raised interest rates for the ninth time since March of 2022, this time by a quarter of a percentage point. Interest rates are now at 5%, the highest level since 2007. The move comes at a time of unusual uncertainty, as some bankers and investors urge the Fed to pause the rate increases because of the failure of several mid-sized banks. Plus, I follow up on Friday's clickbait edition.You can read today's podcast here, today’s “Under the Radar” story here (paywall) and today’s “Have a nice day” story here. Today’s clickables: Quick Hits (0:51), Today’s Story (2:48), Right’s Take (6:53), Left’s Take (10:57) , Isaac’s Take (14:36), About Last Friday… (16:53), Under the Radar (20:39), Numbers (21:30), Have A Nice Day (22:11)You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here.Our podcast is written by Isaac Saul and edited by Zosha Warpeha. Music for the podcast was produced by Diet 75.Our newsletter is edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/message Hosted on Acast. See acast.com/privacy for more information.