Interest rates are high, but consumer confidence is up
Interest rates are high, but consumer confidence is up  
Podcast: Marketplace
Published On: Wed Jul 26 2023
Description: Sure, today the Federal Reserve hiked its key interest rate to the highest level since 2001. But consumers are feeling much rosier about the economy lately, thanks to cooling inflation and a strong labor market. Plus, higher interest rates spell trouble for businesses, and a lack of investment in women’s soccer has debilitating physical consequences.