|
The Fed Isn't Rushing to Save the Markets This Time The New York TimesPowell sees tariffs raising inflation and says Fed will wait before further rate moves CNBCFederal Reserve Chair Jerome Powell on the Economy C-SPANTariffs likely to cause higher inflation and slower growth, Powell warns The Washington Post
|
|
The White House had a TikTok deal. Trump's China tariff wrecked it. The Washington PostTrump to extend TikTok ban enforcement deadline after China tariffs derail deal CNNWho could buy TikTok? Amazon, Blackstone, OnlyFans founder among the bidders USA TodayA deal for TikTok seemingly falls hostage to the US-China trade war ABC News
|
|
A deal for TikTok seemingly falls hostage to the US-China trade war ABC NewsThe White House had a TikTok deal. Trump's China tariff wrecked it. The Washington PostTrump to extend TikTok ban enforcement deadline after China tariffs derail deal CNNAmazon Said to Make a Bid to Buy TikTok in the U.S. The New York Times
|
|
Jerome H. Powell, chair of the Federal Reserve, says the central bank's "obligation" is to ensure that a "one-time increase in the price level does not become an ongoing inflation problem."
|
|
Ever wondered why you can buy fresh Peruvian blueberries in the dead of winter? The answer, surprisingly, is tied to cocaine. Today on the show, we look at how the war on drugs led to an American trade policy and a foreign aid initiative that won us blueberries all year round.
And for more on trade and tariffs check out Planet Money's homepage. We've got articles looking at how much the new tariffs will raise prices and shows on everything from diamonds to potatoes to why you bought your couch.
This episode was produced by Sylvie Douglis with help from Willa Rubin. It was edited by Marianne McCune and engineered by Jimmy Keeley. It was fact-checked by Sierra Juarez. Alex Goldmark is our executive producer.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly newsletter.
Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at
|
|
Uncertainty over the economic outlook is fueling a wait-and-see approach by the Federal Reserve.
|
|
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.
|
|
