Fed chair cites 'uncertainty' as central bank holds key rate steady
The Excerpt
USA TODAY
4.4 • 1.2K Ratings
🗓️ 8 May 2025
⏱️ 15 minutes
🧾️ Download transcript
Summary
The Fed left its key interest rate unchanged again Wednesday and gave no hint it plans to lower it soon.
Commercial Appeal Criminal Justice Reporter Lucas Finton has the latest from Memphis after former police officers were found not guilty of murder in the beating death of Tyre Nichols. All three former officers were separately convicted in federal court and still face time in federal prison.
A nonpartisan analysis said millions of Americans could lose Medicaid health insurance coverage under different Republican Congressional proposals to cut spending.
Airline CEOs rally behind Trump's air traffic control plan.
USA TODAY Education Reporter Zach Schermele discusses how some think China could benefit from Trump defunding university research.
Today is VE Day, marking 80 years since the end of the European theater in World War II.
Let us know what you think of this episode by sending an email to [email protected].
Episode Transcript available here
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What if we could block a protein to stop runaway cell division? |
| 0:04.1 | Dana Farber laid the foundation for CDK-46 inhibitors, |
| 0:07.9 | drugs that are increasing the survival rate for many advanced breast cancers. |
| 0:12.1 | Learn more at Danafarber.org slash everywhere. |
| 0:19.7 | Good morning. I'm Taylor Wilson, and today is Thursday, May 8th, 2025. This is the excerpt. |
| 0:29.9 | Today, the Fed has given us our latest checkup on the economy, plus a not guilty verdict for former officers charged in the death of Tyree Nichols. |
| 0:37.9 | And while Trump keeps defunding university research, some think China will benefit. |
| 0:44.8 | The Federal Reserve is still in wait and sea mode. |
| 0:47.9 | The Fed left its key interest rate unchanged again yesterday and gave no hint that it plans to lower it soon. |
| 0:53.4 | That comes as President Donald Trump's tariffs raised the risks of both another inflation spike |
| 0:58.0 | and recession. |
| 0:59.0 | Official signaled they're growing increasingly concerned about both. |
| 1:02.0 | The decision leaves the Fed's benchmark short-term rate at a range of 4.5% to 4.5% for a third straight meeting. |
| 1:09.0 | The central bank lowered the rate by a percentage point late last year as a pandemic-related price surge eased, but has paused since as it gauges |
| 1:16.1 | the impact of Trump's duties. A jury returned a not guilty verdict on all counts in the state |
| 1:25.3 | case for three of the former Memphis police officers |
| 1:27.7 | charged in the beating death of Tyree Nichols. Tedarius Bean, Demetrius Haley, and Justin Smith, |
| 1:33.6 | Jr. had been charged with second-degree murder, aggravated assault, aggravated kidnapping, |
| 1:38.6 | official misconduct, and official oppression. I spoke with commercial appeal criminal |
| 1:42.8 | justice reporter Lucas Fenton for more |
| 1:45.2 | from Memphis. And a warning, some of the details in this story are graphic. Lucas, hello. Thank you so |
| 1:50.5 | much for giving me some time on this. Thanks for having me, Taylor. So Lucas, let's just start here |
... |
Transcript will be available on the free plan in 19 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from USA TODAY, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of USA TODAY and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.