Let鈥檚 Talk New Mexico 7/28 8am: Inflation has been the top economic news story recently with monthly reports showing prices up more than 9% year-over-year. Wages were going up last year too, but now the economy鈥檚 future is feeling less stable. Company profits are expected to drop and some corporations have announced layoffs. As the Federal Reserve tries to curb inflation by raising interest rates to prepandemic levels, people feel a pinch when trying to get a loan for a home or a car. The flip-side, though, is that banks are beginning to pay a little more interest on savings accounts than they have been in recent years.
Do you worry about the threat of a recession in the near future? Are you trying to prepare by saving cash or paying down debts? Do you wonder if our governments will be able to keep up with services that we鈥檝e come to depend on to get through the pandemic?
Share your ideas about the economy and what you鈥檙e doing to prepare for the future by emailing LetsTalk@kunm.org, tweeting #letstalkNM or calling in live during the show at (505) 277-5866.
Guests:
- Bradley Fluetsch,
- Kelly O'Donnell, Principal Economist, , Director of
- Amber Wallin, Executive Director,
Related Reading:
- , NPR
- , CNN
- , KRWG
- - Forbes
- - CNBC
- - CNBC
- - New. York Times
- - New York Times
- - Newsweek
This episode is part of our Your New Mexico Government project, a collaboration between 91暗网 radio and New Mexico PBS. Support for public media provided by the Thornburg Foundation.
