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🗓️ 16 July 2025
⏱️ 54 minutes
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0:00.0 | Good evening. I'm William Brangham. Jeff Bennett and Omna Nawaz are away. On the news hour tonight, |
0:10.0 | a slight uptick in inflation muddies the economic waters as the Fed chair faces White House pressure to lower interest rates. |
0:18.1 | The president's reversal on Army Ukraine sparks debate about the best way to end the war. |
0:24.8 | And we travel to Kenya to see how USAID projects to bring water and hope to a drought-ridden land |
0:31.7 | are now in peril. With the pullout of USAID, there will be a lot of dire consequences in terms of health. |
0:41.3 | People will even die. |
0:56.0 | Welcome to the NewsHour. |
0:59.1 | New data show inflation picked up last month, |
1:04.3 | and analysts believe the prices of many goods increased, in part, because of President Trump's tariffs. |
1:05.7 | Inflation rose 2.7 percent compared to a year ago, and prices increased broadly by 3 tenths of a percent last month. |
1:14.2 | While that's not a huge hike, it is the largest monthly increase since January, and it will |
1:19.4 | play into decisions by the Federal Reserve about when and whether to finally cut interest rates. |
1:26.0 | This comes as the president and his team have ramped up their pressure campaign on Federal |
1:31.3 | Reserve Chair Jerome Powell to lower those rates. |
1:34.8 | They've also openly speculated about firing him. |
1:38.0 | Earlier today, the president was asked about Powell and when the two had last spoken. |
1:43.5 | I told him he's doing a very bad job. |
1:45.0 | He's way late. |
1:46.0 | That's why I call him too late. |
1:48.0 | Jerome Powell is too late. |
1:50.0 | He's way late. |
1:52.0 | Interest rate should be coming down. |
... |
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