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NPR Topics: BusinessMay 08, 2025
Fed keeps interest rates steady. And, Catholics around the world wait for a new Pope
The Federal Reserve held interest rates steady amid uncertainty over President Trump's trade war. And, the Trump administration has plans to deport migrants without legal status to Libya.

RELATED ARTICLES
Federal Reserve holds interest rates steady as Trump's tariffs spark uncertainty (NPR Topics: Business)

NPR Topics: BusinessMay 08, 2025
It's hard out there for a Fed chair
President Trump has flirted with firing Federal Reserve Chair Jerome Powell since returning to office, but can he legally do that? Not without good cause. Today on the show, the danger of Trump's amped up attacks on Powell and the Fed's independence.

Follow Chris Hughes on Substack.

Related listening:
A primer on the Federal Reserve's Independence (Apple / Spotify)
Arthur Burns: shorthand for Fed failure?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.

Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.


NPR Topics: BusinessMay 08, 2025
Economists warn Trump's research cuts could have dire consequences for GDP
President Trump has proposed slashing federal scientific funding. Economists say the long-term consequences could be dire.

CNBC FinanceMay 07, 2025
Fed holds rates steady as it notes rising uncertainty and stagflation risk
The Federal Reserve held its key interest rate unchanged as it waits for Trump's trade policy to take shape and sees its impact on a sputtering economy.

MarketWatchMay 06, 2025
Trump has made it (almost) impossible for Powell to cut interest rates
Fed Chair Jerome Powell has been on the receiving end of counterproductive schoolyard taunts from President Donald Trump.

RELATED ARTICLES
Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell 'understood what he was doing' (CNBC Economy)
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