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Podcast: The Financial Exchange Show
Episode: Why Is the New England Economy Falling Behind the Rest of the U.S.?
Description: Mike Armstrong and Paul Lane discuss a turbulent week in markets as oil prices surge more than 30% in just days, raising fears of a new energy-driven price shock that could complicate the Federal Reserve’s path on interest rates. They break down what rising fuel costs could mean for inflation, mortgage rates, and the broader economy as geopolitical tensions continue to escalate.They also dive into a weak jobs report showing 92,000 jobs lost in February, before speaking with Boston Fed economist Mary Burke about the latest Beige Book. The conversation explores why the New England economy appears to be...