Despite Trump's pressure, high gas prices may keep Fed from cutting interest rates

Gas prices pushed inflation to its highest level in almost three years. That's likely to make the Federal Reserve cautious about cutting interest rates, regardless of pressure from President Trump. NPR's Scott Horsley reports.

Support NPR and hear every episode of Trump's Terms sponsor-free with NPR+. Sign up at plus.npr.org.

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

NPR Privacy Policy