
The Indicator from Planet Money hosts Wailin Wong, Stephen Passaha, and Cooper Katz McKim discuss the "Indicator of the Year" for 2025, which was tariffs, chosen by listeners. They then forecast three key economic indicators for 2026. Wailin highlights the federal funds rate, focusing on potential shifts in Federal Reserve leadership and policy under presidential influence. Stephen discusses rising electricity rates, attributing them to increased demand from AI data centers, an aging power grid, and natural disasters. Cooper presents consumer spending as his indicator, noting the disproportionate impact of high-income earners on overall spending and its reliance on a strong stock market.
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