Nuclear power payment plan
Marketplace
Marketplace
4.6 • 8.6K Ratings
🗓️ 15 June 2026
⏱️ 26 minutes
🧾️ Download transcript
Summary
Nuclear energy can lower one cost that has seen rapid inflation in recent years: electricity bills. But nuclear power plants aren’t cheap to build. In one state, legislators wade into a debate over whether taxpayers or utility companies should shoulder the burden. Also in this episode: Kevin Warsh faces war-driven inflation ahead of his first FOMC meeting as Fed chair, MAHA movement drives up cotton demand, and advertisers leverage the World Cup to reach Latino consumers.
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Transcript
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| 0:00.0 | Celebrate America's 250th with DISH. |
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| 0:38.7 | It's setting up to be a big news week. We've got a preliminary deal to end the war in Iran, a Fed meeting, some economic data dumps. Where should we begin? From American public media, this is Marketplace. |
| 0:49.6 | In New York, I'm Kristen Schwab in for Kyrisdal. It's Monday, June 15th, and it's great to be here with you. |
| 1:00.8 | I know the big news of the day is that we might be nearing the end of the war in the Middle East. |
| 1:07.3 | The United States and Iran have signed a framework agreement. Details of the deal haven't been |
| 1:12.2 | released. And listen, when it's all really, truly over, we'll pick apart the economic effects. |
| 1:18.8 | But for now, let's focus on what in this economy is certain. The Federal Reserve's Open Market |
| 1:25.3 | Committee meets this Wednesday, and it's Kevin Warsh's big debut as the new chair. |
| 1:29.9 | He's gotten a lot of pressure from President Trump to cut interest rates and make borrowing cheaper. |
| 1:34.9 | But markets don't expect the Fed to touch rates for now, because Warsh enters the Fed at a tricky time. |
| 1:41.6 | Even if the war does officially come to a close soon, the effects are still |
| 1:45.5 | churning in the background, including its toll on inflation, now above 4%. Marketplace's Henry Epp |
| 1:52.3 | looks at how the Fed might navigate this moment. Here's why this current bout of inflation is tricky |
| 1:57.6 | for the Fed. It's driven by a spike in energy prices caused by the Iran war, |
| 2:02.7 | and energy and food prices tend to be too volatile to inform the Fed's decisions, says Andrew Clinton, |
| 2:08.9 | head of Clinton Investment Management. That's why historically they've looked through headline |
| 2:13.7 | inflation, that is, that include food and energy, to the core inflationary numbers. |
| 2:18.2 | Core inflation last month was a lot closer to the Fed's target of 2%. |
| 2:22.8 | Fed officials might be tempted to think this spike in inflation is temporary, except that's |
... |
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