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Chicago Fed president on Trump's trade war

Season 2025 Episode 107 | 7m 40s

President Trump took aim at Jerome Powell, calling interest rates cuts and saying the Fed Chair's termination “cannot come fast enough.” It comes as his administration's tariffs continue to cause global fallout. The International Monetary Fund warns it expects slower economic growth and higher inflation. Amna Nawaz discussed more with Austan Goolsbee of the Federal Reserve Bank of Chicago.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
Extras
News Wrap: Colorado Gov. Polis commuting sentence of Tina Peters
Primary challenge to Louisiana Sen. Cassidy tests Trump's grip on GOP
Brooks and Capehart on Trump's trip to China
How to recognize and block AI-powered scam attempts
Jerome Powell's impact and legacy at the Federal Reserve
Trump's 'elaborate' praise of Xi at China summit made U.S. look weak, ex-ambassador says
Trump and Xi pledge 'strategic stability' but key questions remain unanswered
May 15, 2026 - PBS News Hour full episode
China offers Trump grand welcome, but issues warning on Taiwan
May 14, 2026 - PBS News Hour full episode