U.S. GDP Report’s Inflation Data Makes It Harder for Fed to Cut Rates
U.S. GDP Report’s Inflation Data Makes It Harder for Fed to Cut Rates  
Podcast: WSJ What’s News
Published On: Thu Apr 25 2024
Description: P.M. Edition for April 25. Gross domestic product expanded at a 1.6% seasonally- and inflation-adjusted annual rate in the first quarter. The Commerce Department’s report also suggests inflation was firmer than expected in March. Markets reporter David Uberti has more. And hearing a last-ditch appeal from Donald Trump, the Supreme Court appeared open to granting some level of immunity to protect former presidents from prosecution. Jess Bravin reports. Plus, Scott Patterson discusses the federal effort to speed up big power-grid infrastructure projects. Pierre Bienaimé hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices