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Oct 5, 2022

A central question for the central bank

Some economists are critical of the Fed raising interest rates so rapidly. But what else can the central bank do? Today, we dive in.

As transportation bottlenecks clear, supply chains face shortage of warehouse space
by Justin Ho
Jeff Schear/Getty Images for Walmart
Warehouse rents are soaring while transportation costs are plummeting.
As the Fed cranks up interest rates, critics ring warning bells
by Kai Ryssdal, Sean McHenry and Anais Amin
Drew Angerer/Getty Images
Some economists and policy advisers fear that the Federal Reserve’s rapid hikes could tip the global economy into a painful recession.
Global trade could slow down in the coming year, WTO says
by Savannah Peters
Gregor Fischer/Getty Images
The World Trade Organization predicts economic shocks like higher interest rates and energy prices will slow the growth of global trade in 2023.
Locked out of China by its zero-COVID policy, their lives changed course
by Jennifer Pak
Isaac Lawrence/AFP via Getty Images
China’s borders shut in March 2020 to contain COVID-19. It’s been rough for people who made a life in China but were forced to leave.
Are computers ruining chess?
by Kai Ryssdal and Maria Hollenhorst
Dean Mouhtaropoulos/Getty Images
A controversy involving one of the game’s rising stars has sparked debate about creativity.