Fresh data from the U.S. government on Wednesday showed that inflation was still climbing at a rapid pace, prompting President Biden to say that controlling the rising prices was his “top domestic priority.”
But not everybody experiences inflation equally. Why is that?
Guest: Ben Casselman, an economics and business reporter for The New York Times.
Yesterday
Lessons From the Hantavirus Outbreak
Inside a hospital in Nebraska, 16 Americans who may have been exposed to the hantavirus have begun an unusually long quarantine. In some cases, it will last up to 42 days. Apoorva Mandavilli, who covers global health for The New York Times, explains what is known about the deadly ... Show More
27m 12s
May 14
A New Leader — and a New Showdown — at the Fed
After a year of harassing and threatening Jerome Powell, the chairman of the Federal Reserve, President Trump replaced him on Wednesday. Colby Smith, who covers the Fed, explains how the president ended one standoff only to create a new one. Guest: Colby Smith, a New York Times r ... Show More
35m 38s
Nov 2023
Forward Thinking on why we ignore inflation—from ancient times to the present—at our peril with Stephen King
<p>Co-host Janet Bush talks with Stephen King. King is a senior economic advisor to HSBC, having served as the bank’s group chief economist from 1998 to 2015. His latest book, very prescient in timing, is <em><a href="https://yalebooks.co.uk/book/9780300270471/we-need-to-talk-abo ... Show More
46m 30s
<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