Inflation in the United States is rising at its fastest rate so far this century. At 4 percent, according to one index, it is double the Federal Reserve’s target.
We look at why prices are on the rise and at the tense political moment they have created.
Guest: Jim Tankersley, a White House correspondent for The New York Times.
Yesterday
The Bond Market Is Flipping Out. Here’s Why You Should Care.
For the past few months, you’ve probably been hearing about the turbulence in the bond market.Today, Ben Casselman, the chief economics correspondent for The New York Times, explains what has been happening, and why it matters.Guest: Ben Casselman, the chief economics corresponde ... Show More
28m 28s
Sep 14
The A.I. Researcher Whose Rebellion Is Changing Everything
In recent days, Jacob Coxon, a researcher at the artificial intelligence company Anthropic, quit his job and posted warnings about the risks of the technology. That kicked off a crisis that culminated in a call by prominent leaders of the industry to slow down A.I. development.He ... Show More
34m 13s
Jul 2022
Presidents Can't Fix Inflation. It Doesn't Stop Americans From Blaming Them For It.
Inflation hit a new, 40-year high in June, with consumer prices up 9.1% from a year ago. Gas prices were a big part of this, but the cost of essentials like food and shelter are also rising rapidly.It is a real problem for Americans trying to make ends meet — and one that lawmake ... Show More
14m 9s
Jan 2022
Record Number Spells Trouble For Biden
Inflation spikes to its highest level in nearly 40 years, as everything from gas to your couch to your sweatpants is getting more expensive. Plus, big pressure on two Senate Democratic moderates to change their minds about the filibuster and voting rights. And, Mitch McConnell sp ... Show More
39m 5s
Nov 2021
November 14, 2021 | On GPS: Why is inflation rising?; America’s trucker shortage; U.S. reacts to Russian military escalations near Ukraine; and, the crisis at the Belarus-Poland Border
As U.S. inflation rises at the fastest pace in over 30 years, Fareed asks former U.S. Treasury Secretary Larry Summers why it is happening and how it can be stopped.
Then, as supply chain problems persist, Fareed asks New York Times correspondent Ana Swanson about America's pu ... Show More
39m 35s
<p>Inflation has hit a 40-year high in the U.S., driving up the cost of everything from groceries to housing. As the Fed prepares to raise interest rates, here’s what to watch out for.</p><p><br></p><p>Read more:</p><p><br></p><p>In December, inflation hit a staggering 7 percent. ... Show More
