Economy

(Wailin Wong/NPR)

Has the Fed lost the dot plot?

The Federal Reserve introduced a visual tool called the "dot plot" in 2012 to communicate where officials think interest rates should be in the coming years. The dot plot is eagerly dissected by Fed watchers looking for insight on future policy, but others think that the dot plot has become a visual example of just how little the Fed can predict where the economy is going.

Today on the show, we decode the dot plot and hear why some think that the Federal Reserve's artistic exercise should be scrapped altogether.

The Federal Reserve's latest dot plot (page 4)

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BRYAN R. SMITH/AFP via Getty Images

Is the 'border crisis' actually a 'labor market crisis?'

Politicians on both sides of the aisle call the surge at the US Southern Border a "border crisis."

One camp says we need to focus on addressing the conditions in other countries that cause people to leave. The other says we have to focus on deterrence and enforcement.

But...what if both camps are actually ignoring a major piece of the picture? Today on the show, an overlooked cause and potential solution to the situation at our southern border that has nothing to do with the border at all.

Related episodes:
Why Venezuela is no longer in freefall
Welcome to the USA! Now get to work.

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For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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Is chicken getting cheap? And other questions

We are back to answer your questions that you, our listeners, have been sending. On today's show, is chicken actually getting cheaper? Why doesn't the Federal Reserve use different interest rates around the country? And: is election spending an indicator of economic health?

If you have a question you'd like us to answer, email us at indicator@npr.org.

Related episodes:
Can an old law bring down grocery prices? (Apple / Spotify)
How political campaigns raise millions through unwitting donors
How mortgage rates get made
The rat under the Feds hat (Apple / Spotify)
The interest-ing world of interest rates (Apple / Spotify)

ICYMI, preorder our new Indicator t-shirt at the NPR shop. For more ways to support our show, sign up for Planet Money+ where you'll get sponsor-free listening, bonus episodes, and access to even more Indicator merch!

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
QueueListen Now