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Transcripts For KQED Nightly Business Report 20240622

Price of gasoline increased. But prices may not be on the feds magic number just yet. Vice chair Stanley Fisher warned that its too low. Its too low now. I never thought i would live as a central banker to see us complaining about low inflation. And yeah we are complaining about low inflation. We need to get it to 2 . And the closely followed barometer of the Housing Market came above estimates. Construction of new homes jumped 10 in may but all of it was in the multifamily apartment side. Single Home Building has been been limping along. There is demand but as diana olick reports, they are up against a major absta. Kaylee reporter in allen, texas, this man would like to be building more Single Family homes. But he cant. There is not a great probability of increasing our production right now. There are not enough men to make up the slabs. Theres not enough worker to pour the slab. After the slabs are done theres not enough framers, theres not enough masons. There is a shortage of vende

Transcripts For KQED Nightly Business Report 20240622

Consumer prices rose as the price of gasoline increased. But prices may not be on the feds magic number just yet. Vice chair Stanley Fisher warned that its too low. Its too low now. I never thought i would live as a central banker to see us complaining about low inflation. And yeah we are complaining about low inflation. We need to get it to 2 . And the closely followed barometer of the Housing Market came above estimates. Construction of new homes jumped 10 in may but all of it was in the multifamily apartment side. Single Home Building has been been limping along. There is demd but as diana olick reports, they are up against a major absta. Kaylee reporter in allen, texas, this man would like to be building more Single Family homes. But he cant. There is not a great probability of increasing our production right now. There are not enough men to make up the slabs. Theres not enough worker to pour the slab. After the slabs are done theres not enough framers, theres not enough masons. Th

Transcripts For KQEH Nightly Business Report 20240622

Price of gasoline increased. But prices may not be on the feds magic number just yet. Vice chair Stanley Fisher warned that its too low. Its too low now. I never thought i would live as a central banker to see us complaining about low inflation. And yeah we are complaining about low inflation. We need to get it to 2 . And the closely followed barometer of the Housing Market came above estimates. Construction of new homes jumped 10 in may but all of it was in the multifamily apartment side. Single Home Building has been been limping along. There is demand but as diana olick reports, they are up against a major absta. Kaylee reporter in allen, texas, this man would like to be building more Single Family homes. But he cant. There is not a great probability of increasing our production right now. There are not enough men to make up the slabs. Theres not enough worker to pour the slab. After the slabs are done theres not enough framers, theres not enough masons. There is a shortage of vende

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