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The Perilous Politics of Rising Inflation
Inflation in the United States is rising at its fastest rate so far this century. At 4 percent, according to one index, it is double the Federal Reserve’s target.
We look at why prices are on the rise and at the tense political moment they have created.
Guest: Jim Tankersley, a White House correspondent for The New York Times.
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Background reading:
- Supply chain disruptions, a worker shortage and pain at the gasoline pump have made inflation an economic and political problem for the White House.
- Pressure is on the Federal Reserve and the Biden administration as they try to calibrate policy during a tumultuous period.
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Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.