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Why inflation hits people of color harder

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Podcast by Marketplace / Kai Ryssdal
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A new report from the New York Fed shows that inflation makes a bigger impact on the budgets of people of color and low-income workers. Today, we dig into why inflation and the higher interest rates used to tame it feel different depending on who you are. Also, why the Bank of Japan is maintaining low interest rates and how businesses are welcoming back festivals like Sundance.

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