NPR News: 06-14-2023 6PM EDT
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🗓️ 14 June 2023
⏱️ 5 minutes
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| 0:00.0 | Live from NPR News in Washington, I'm Jack Spir. |
| 0:05.5 | Stocks ended the day mixed after the Federal Reserve decided not to raise interest rates |
| 0:11.4 | at its most recent meeting. |
| 0:13.3 | But as NPR's David Gurr explains, Fed policy makers forecast two more rate hikes later |
| 0:17.9 | this year. |
| 0:18.9 | The Federal Reserve had raised interest rates at each of its last 10 meetings, but this |
| 0:22.5 | time it decided to pause. |
| 0:24.6 | The Fed says that'll give it time to gauge how much progress it's made fighting high |
| 0:28.2 | inflation and chart its path forward. |
| 0:31.1 | According to the latest data on consumer and wholesale prices, inflation is getting |
| 0:35.1 | weaker, but it's still far from the Fed's inflation target of 2%. |
| 0:40.0 | There are four more Fed meetings on the calendar this year, and Fed Chair Jerome Powell says |
| 0:44.3 | the next one in late July is live, meaning this pause could end then. |
| 0:49.8 | David Gurr and PR News, New York. |
| 0:52.0 | Looking at the numbers, the Dow dropped 232 points today. |
| 0:55.4 | The Nasdaq was up 53 points. |
| 0:58.3 | White House officials are meeting with dozens of legislators from all over the country |
| 1:02.3 | about abortion access in their states. |
| 1:05.5 | As NPR's Tamar Keith reports, it comes days before the one year anniversary of the Supreme |
| 1:09.8 | Court's DOBS decision that reversed Roe vs. Wade. |
| 1:12.6 | Since DOBS v. Jackson, many states with Republican led legislators have moved to roll back |
| 1:17.7 | access to abortion. |
... |
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