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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
May 24, 2025 - PBS News Weekend full episode
How the GOP’s proposed Medicaid cuts could affect millions of family caregivers
Does taxing sugary drinks result in better health outcomes? What some cities have found
New study finds link between pre-teen use of social media and depression
News Wrap: Ukraine and Russia exchange hundreds of POWs
What Trump's legal and political clash with Harvard means for higher education
News Wrap: Trump threatens new tariffs on EU imports and iPhones
Private event with crypto customers fuels accusations of Trump profiting off presidency
How NOAA funding cuts could make it harder to predict and prepare for severe weather
Basketball legend Dawn Staley reflects on successes and challenges in 'Uncommon Favor'