The Beigie Awards are back to recognize the regional Federal Reserve Bank with the best Beige Book entry. This time, we shine a spotlight on one entry that explains how some businesses are feeling the impacts of higher for longer interest rates. Related episodes:The interest-ing world of interest rates (<a href="https://podcasts.apple.com/us/podcast/the-indicator-from-planet-money/id1320118593?i=1000650167084">Apple</a> / <a href="https://open.spotify.com/episode/2HUuVP5Y6uI0YDKsFdrDC1?si=c9ee7c39e43a4322">Spotify</a>) The Beigie Awards: Why banks are going on a "loan diet" (<a href="https://podcasts.apple.com/us/podcast/the-indicator-from-planet-money/id1320118593?i=1000632615418">Apple</a> / <a href="https://open.spotify.com/episode/6QyIir3CzAFJ4yVZmmuSos?si=a1b4b9dbedb74282">Spotify</a>) <a href="https://www.npr.org/sections/money/2023/04/18/1170493836/where-are-interest-rates-going">Where are interest rates going?</a> For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at <a href="http://plus.npr.org/">plus.npr.org</a>. Music by <a href="https://dropelectric.bandcamp.com/">Drop Electric</a>. Find us: <a href="https://www.tiktok.com/@planetmoney">TikTok</a>, <a href="https://www.instagram.com/planetmoney/">Instagram</a>, <a href="https://www.facebook.com/planetmoney">Facebook</a>, <a href="https://www.npr.org/newsletter/money">Newsletter</a>. Learn more about sponsor message choices: <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a> <a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>

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The Indicator from Planet Money