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How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision

How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision

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A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell. William Brangham discussed more with David Wessel. PBS News is supported by - https://www.pbs.org/newshour/about/funders

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