What happens after rates rise, the shrinking middle class and pay equity
Economists widely agree that Janet Yellen and the Fed board will lift interest rates at the December 16 meeting but expectations vary just as much when it comes to longer term monetary policy. Capital markets correspondent Eric Platt joins Shannon Bond to discuss. Then, a shrinking in America's middle class to less than 50 per cent of the population for the first time since the early 1970s comes under examination from Washington-based FT correspondents Sam Fleming and Shawn Donnan. Finally, economist Claudia Goldin explains a theory about narrowing the gender pay gap in certain occupations. Music by Salmo and Kevin MacLeod.
Alphachat is the conversational podcast about business and economics produced by the Financial Times in New York. Each week, FT hosts and guests delve into a new theme, with more wonkiness, humour and irreverence than you'll find anywhere else