89.9 FM Live From The University Of New Mexico
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Inflation has hit a 3-year high. What it means and what the Fed might do

The U.S. annual inflation rate jumped to 4.2% in May, a three-year high. NPR's Steve Inskeep speaks with economist Claudia Sahm about what the numbers mean and what the Fed may do about it.

Copyright 2026 NPR

Steve Inskeep
Steve Inskeep is a host of NPR's Morning Edition, as well as NPR's morning news podcast Up First.