
Fed Raises Interest Rates, Iran War and Oil Prices, EU-Canada Alliance
The Federal Reserve raised interest rates for the first time in three years as it tries to bring down stubborn inflation, putting new Fed Chair Kevin Warsh at odds with President Trump’s calls for lower rates. Rising fuel prices linked to the Iran war are driving protests and economic pressure around the world as Saudi Arabia faces attacks on its oil infrastructure and shipping routes. European Union President Ursula von der Leyen is proposing a new “associate member” relationship with Canada as the two draw closer amid tensions with the United States, while President Trump threatens new trade pe...
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Is this episode right for you?
B2 · Upper-intermediate
Comfortable if you already follow TV news
- 88% of the words are B1 or easier.
- 189 words a minute: natural, fairly fast speech.
- 94 harder words (B2 and up) in the whole episode.
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The opening of the episode. The whole transcript is in the player.
harder words (B2+)
President Trump's hand-picked Fed chair, Kevin Warsh, did the opposite of what Trump wanted him to do. He raised interest rates. The president is not happy and pressed the Fed to reverse course and lower rates.
How is a new chair reacting to the pressure? I'm E Martinez. That is Michelle Martin, and this is a burst from NPR News. From Syria to Portugal, people are protesting higher fuel prices.
With the war in Iran showing no sign-up ending, countries are drawing from their oil reserves and Saudi pipelines are under attack. Canada's prime minister will address the European Parliament today after an invitation to become the EU's first associate member, Trump threatened more tariffs if he decides it's a hostile
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