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 Fight Tearing Apart Silicon Valley
For years, a debate has been simmering in Silicon Valley over the right way to build artificial intelligence. Should it be open and free for anyone to use, or should we tightly control how it’s made and who can access it? Mike Isaac, who covers technology for The New York Times, ... Show More
26m 51s
Jul 29
Israel, AIPAC and Difficult Questions for Democrats
The American Israel Public Affairs Committee, a pro-Israel lobbying group known as AIPAC, has spent a record amount of money in this year’s midterm elections to either oust or support candidates based on their support of Israel. Jonathan Mahler, a writer for The New York Times Ma ... Show More
39m 30s
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