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The Truth with Lisa Boothe

The Truth with Lisa Boothe: Inflation, Interest Rates & the Economic Fallout from Iran

The Truth with Lisa Boothe

iHeartPodcasts

News, News Commentary, Politics, Society & Culture

4.73.3K Ratings

🗓️ 28 May 2026

⏱️ 24 minutes

🧾️ Download transcript

Summary

On this episode of The Truth with Lisa Boothe, Lisa is joined by Heritage Foundation economist E.J. Antoni to break down the growing economic uncertainty facing Americans. They discuss the future of the Federal Reserve under Kevin Warsh, whether interest rates could rise again, and why inflation may still be getting worse despite promises of relief.

Transcript

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0:00.0

This is an I-Heart podcast.

0:02.6

Guaranteed Human.

0:08.9

Welcome to The Truth with Lisa Booth, where we get to the heart of the issues that matter

0:12.4

to you.

0:13.3

Today, we're joined by E.J. Antony.

0:15.6

He is an economist at the Heritage Foundation.

0:18.2

We're going to get into monetary policy as well as inflation in America.

0:23.4

Kevin Warsh is now sworn in. He's going to be leading the Federal Reserve. What does that mean?

0:29.2

He's going to be facing a lot of pressure on interest rates. Do they cut rates? Do they increase

0:34.1

rates? What does he do? We're going to ask EJ about that. We're also going to talk

0:38.5

about inflation. Where does it stand today? Where does it stand in comparison to the Biden administration?

0:44.8

Also, obviously, the war with Iran is impacting the economy. How does that affect the midterms

0:50.9

heading into November? Well, right now Americans are frustrated with the economy.

0:56.4

Is that perception reality?

0:58.2

We'll ask E.J. and Tony about all of that and more.

1:01.3

Stay tuned.

1:05.2

Well, E.J., it's great to have you on the show.

1:08.3

I appreciate you making the time.

1:13.6

I know that you probably think it's safe to say you weren't a big fan of Jerome Powell, right? I would say that's the understatement of the day, Lisa.

1:20.1

They that President Trump wasn't a big fan of Jerome Powell.

1:25.3

Yeah, absolutely. What do you think we're going to see from Kevin Warsh?

1:30.1

I know that there was talk, idea, and I know the White House officials have said that,

...

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