Despite Trump's pressure, high gas prices may keep Fed from cutting interest rates
About this episode
The episode discusses how rising gas prices are influencing inflation and the Federal Reserve's decision-making regarding interest rates amidst pressure from President Trump.
Gas prices pushed inflation to its highest level in almost three years. That's likely to make the Federal Reserve cautious about cutting interest rates, regardless of pressure from President Trump. NPR's Scott Horsley reports. Support NPR and hear every episode of Trump's Terms sponsor-free with NPR+. Sign up at plus.npr.org . See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy
People in this episode
Host: Scott Horsley
Topics covered
- gas prices
- inflation
- interest rates
- Federal Reserve
- political pressure
Keywords
- gas prices
- inflation
- interest rates
- Federal Reserve
- Trump
Sponsors
NPR+
Mentioned in this episode
Organizations: NPR, Federal Reserve
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