Live from MPR News on Jial Snyder on his way to a mid-term campaign event in ...
Wednesday evening President Trump expressed competence and federal reserve chair Kevin
Worsh.
“But was critical of the central bank's decision to raise its benchmark interest rate”
by a quarter point. Had a press conference after the board's decision, Worsh said inflation remains too high and has been for too long. The move likely make it costlier to borrow for homes, autos, and other purchases, but savers should earn a bit more interest.
The major financial markets in Asia are mixed, following Wednesday's losses on Wall Street out for the Fed raised interest rates. MPR Scott Horshley reports a doubt toppled with a 1.2%. Members of the Fed's rate setting committee voted unanimously to raise their benchmark interest rate by a quarter percentage point in an effort to tamp down, stubborn inflation.
The move comes as the U.S. War with Iran continues to put upward pressure on gasoline and diesel prices. Fed Chairman Kevin Worsh says he and his colleagues want to make sure that wartime spike in prices doesn't spread.
“We must be confident that underlying inflation is moving to our objective, clearly, and”
at sufficient speed. Today, this standard has not been satisfied. Fed policymakers signal that on average, they expect just one more quarter point rate hike this year and stable rates in 2027. Scott Horshley and Parenthood is Washington.
A federal judge in Washington D.C. has given the Trump administration a deadline, the judge wants the administration to respond later this morning to a request for an emergency court hearing on the plan to close the Kennedy Center for up to two years for repairs a request came as part of a lawsuit filed by democratic Ohio Congresswoman, Joyce Bady. The Trump administration is preparing to install signs that warn against ideological bias
at the Smithsonian, in Pierset, for Fresco reports. The interior department says the signs will comply with President Trump's July Executive Order, called "restoring trust" in the Smithsonian Institution.
“In a September 3rd letter to Democratic Senator Jeff Merckley, interior secretary Doug”
Bergram said the temporary signs would warn visitors that the National Museum of American history is being used as a tool to advance personal radical ideologies. In the statement shared with NPR, Senator Merckley calls it another step in a well-planned pressure campaign by the Trump administration and says he will quote "fight like hell" to protect the Smithsonian's independence.
The 12 signs cost an estimated $7,000 each. The Smithsonian Institution declined to comment. Jennifer Venasco and PR News. The United Nations General Assembly is due to vote later today on allowing Palestinian leader Machmut Abbas to address next week's annual gathering of world leaders through a video
statement. The vote comes after the Trump administration for the second year in a row denied visas for a Palestinian delegation to attend the meeting. Abbas addressed the General Assembly via video last year. East Africa bracing for what could be a record El Niño year, a group's estimated in
the worst case scenario, up to 3 million people could be displaced due to floods in the
region. As it appears Dury Biscarron reports, this could include one of the world's largest refugee camps in northern Kenya. Hundreds of thousands of people, mostly from Somalia, live in Dadaab, a refugee camp in northern Kenya.
Lena Hoon of the Dana Treffy G Council says the agency is now preparing evacuation routes and helping farmers build flood resistant storage for seeds and animal feed. People have already fled once, mostly from conflict, and a flood is shocked that they simply can't absorb. Tens of thousands of people in Dadaab were displaced by floods during the last El Niño
in 2023. Agency's hope that better preparation this year will save lives. Dury Biscarron and Pyrenees National Toy Hall of Fame in Rochester, New York has announced his 12 finalists for the class of 2026, the include Tickle Me Elmo, Bingo, and the playground slide, Care Bears, Gatsy, and Pokemon trading cards, also in the running, voting open
to the public in a panel of judges until September 23rd. I'm trial Snyder in PR News. This is Ira Glass. On this American life, we tell stories about when things change, like for this guy David, his entire life took a sharp and expected and very unpleasant term, and it did take me
a while to realize it is basically because the monkey pressed the button.
That's right, because the monkey pressed the button. Spraising stories every week, where you get your podcasts.
