Mar 4, 2024
What to make of New York Community Bank’s “material weaknesses”
Spencer Platt/Getty Images
NYCB has already had a rocky year so far. Plus, interest rates aren't included in inflation calculations. What gives?
get the podcast
Segments From this episode
Judges rules against the Corporate Transparency Act
A federal judge in Alabama has struck down an anti-money-laundering law, which made it harder for individuals to hide behind shell companies.
Spencer Platt/Getty Images
The cost of money doesn't factor into the cost of living
You pay more for breakfast cereal. You pay more for credit cards, with interest rates elevated in recent years. So how come the cereal increase is listed as “inflation” but not the higher interest rates? There’s a recent paper published by the National Bureau of Economic Research causing some buzz about this. To help us understand this better, let’s consult Christopher Low, chief economist at FHN Financial in New York.
The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
Kelly Silvera
Executive Producer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Alex Schroeder
Producer
Ariana Rosas
Producer
Dylan Miettinen
Digital Producer
Jesson Duller
Media Producer
Nic Perez
Director/Producer
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Naomi Rainey
Producer, BBC
Lis Mahy
Producer, BBC
