Whats the Feds word of the year?
The Oxford English Dictionary’s word of 2023 is “rizz” \u2014 as in charming, skilled at wooing, cha-rizz-matic. Not a concept most people would apply to monetary policy. In this episode, economists weigh in on how the past 12 months have gone for the Federal Reserve’s mission, in just one word. Plus, car insurance costs more than it used to, solar and wind power may surpass the use of coal in the U.S. next year and a California startup fixes EV charging stations.