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Here & Now Anytime

How to navigate economic turmoil, from tariffs to expensive groceries

Here & Now Anytime

NPR

News

4.1953 Ratings

🗓️ 18 April 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

President Trump has floated the idea of firing Federal Reserve Chair Jerome Powell, who warned this week of "higher inflation and slower growth." MSNBC's Ali Velshi parses Powell's concerns about the economy and Trump's reaction. Then, board games are booming in part because manufacturing them in China has made them affordable. But the administration's tariffs are strangling game designers. Gwen Ruelle and Sam Bryant, co-owners of Runaway Parade Games, join us. Then, struggling to pay for groceries? Financial coach Allison Bishop joins us to discuss her tips on how to navigate rising grocery prices.

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Transcript

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0:00.0

Support for here and now anytime comes from MathWorks, creator of MATLAB and Simulink software for technical computing and model-based design.

0:09.2

MathWorks accelerating the pace of discovery in engineering and science. Learn more at MathWorks.com.

0:17.4

WBUR Podcasts, Boston.

0:26.7

There's a push to lower interest rates, which every president wants, by the way,

0:30.3

and there's a reality that says maybe it's not time for that.

0:34.8

Economic wish casting and economic realities.

0:44.0

It's Friday, April 18th, and this is here and now anytime from NPR and WBUR.

0:45.2

I'm Chris Bentley. Today on the show, three stories about economic uncertainty and how it affects your wallet, as well as your game night.

1:04.4

We'll hear how new tariffs threaten to strangle the board game industry.

1:08.9

People are losing their jobs. Publishers are already closing. There's also

1:12.9

containers full of games that were bound for the U.S. market that are now sitting in warehouses in

1:17.6

China. And we get some ideas from managing rising grocery prices. Look at their bank statements or

1:23.5

their credit card statements. However, it is that they pay for groceries and actually add it up.

1:32.2

Because a lot of times our perception of what we're spending is really different from the reality.

1:36.6

I mean, it's one banana, Michael. What could it cost? $10?

1:44.4

But first, what's going on at the Fed?

1:49.0

Monetary policy might feel far away from your day-to-day personal finances,

1:53.6

but we know it has a big impact on how things play out over the longer term.

1:57.6

So it's significant that President Trump is again pushing for the Federal Reserve to help him juice the economy.

1:59.8

He complained this week that Fed Chair Jerome

2:02.3

Powell's, quote, termination cannot come fast enough. And quote, Powell had said Trump's tariffs are

2:09.2

highly likely to increase inflation and then stock markets fell. Well, we often ask Ali Velshi to help us

...

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