Marketplace®

Daily business news and economic stories
May 26, 2023

Inflation rose again. Will that sway the Fed on rates?

The Fed’s interest rate fight just got more complicated — the central bank’s preferred gauge of inflation indicated that prices rose 0.4% last month, a speed-up from the previous month that saw a 0.1% increase. We talk to Christopher Low, chief economist at FHN Financial, about what that could mean for interest rates. And finally, a look at how drag show businesses in Nashville are doing amid the state’s attempted crackdown.  

Inflation rose again. Will that sway the Fed on rates?
Chip Somodevilla/Getty Images

Subscribe:

Segments From This Episode

The Team