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What's the deal with the runoff?

This interview originally aired on "In the Moment" on SDPB Radio.

It's an election year, so many people have been keeping a keen eye on the economy.

While many people have talked about the positive jobs report and lowering inflation rates, not many people have noticed the runoff. Joe Santos, Ph.D., joins us to analyze the balance sheet of the central bank.

Santos is the director of the Ness School of Management and Economics at South Dakota State University. He also leads the Dykhouse program in Money, Banking and Regulation.

Read his full blog.

Lori Walsh is the host and senior producer of In the Moment.
Ari Jungemann is a producer of In the Moment, SDPB's daily news and culture broadcast.
Ellen Koester is a producer of In the Moment, SDPB's daily news and culture broadcast.