Fed Rates Pause, USIP Loses Case, Israel Restarts Gaza Ground Invasion

Up First from NPR

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4.5 • 52.8K Ratings

🗓️ 20 March 2025

⏱️ 15 minutes

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Summary

The Federal Reserve holds interest rates steady despite rising inflation, while President Trump calls for rate cuts as tariffs take effect. A federal judge rules against blocking the government's takeover of the U.S. Institute of Peace, despite concerns over heavy-handed tactics. And, Israel launches a new ground offensive in Gaza after breaking the ceasefire with Hamas, resulting in hundreds of deaths and raising questions about hostages.

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Today's episode of Up First was edited by Rafael Nam, Gerry Holmes, Russell Lewis, Alice Woelfle and Mohamad ElBardicy.
It was produced by Ziad Buchh, Destinee Adams and Christopher Thomas.
We get engineering support from Tom Marchitto, and our technical director is Stacey Abbott.

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Transcript

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0:00.0	Hey, Martinez, do you have your headphones on?
0:03.5	We need to do pre-production.
0:05.2	Where are you?
0:06.3	Does he have his headphones on?
0:07.8	Oh, thanks for joining us.
0:09.9	Yeah, today not great.
0:12.0	What's happening?
0:13.1	My head feels like it's a million pounds.
0:16.3	Is it the allergies or do you have something more than that?
0:18.4	No, it's allergies, yeah.
0:20.7	Are you okay to host?
0:22.2	Well, we kind of don't have a choice.
0:23.7	We're the only two hosts.
0:25.0	That's true.
0:25.8	I mean, I can do it by myself.
0:28.3	I've always wanted it to be my show.
0:30.7	I wouldn't want to put America through that, though.
0:33.2	You're so.
0:34.3	Even in my weakened condition.
0:38.2	The Federal Reserve is warning that inflation is coming as it held interest rates steady.
0:43.7	Clearly some of it, a good part of it, is coming from tariffs.
0:47.8	President Trump doesn't like it. He wants the Fed to lower rates.
	...

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