© 2026 Boise State Public Radio
NPR in Idaho
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
JOIN US FOR ANOTHER ROUND WITH MURPHY WOODHOUSE

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.

Copyright 2026 NPR

Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Steve Inskeep is a host of NPR's Morning Edition, as well as NPR's morning news podcast Up First.

You make stories like this possible.

The biggest portion of Boise State Public Radio's funding comes from readers like you who value fact-based journalism and trustworthy information.

Your donation today helps make our local reporting free for our entire community.