The latest report from the Commerce Department reveals a slowdown in the U.S. economy during the second quarter. This development suggests that the ongoing conflict in Iran may be affecting economic growth.
Despite this, the Federal Reserve has decided to maintain interest rates at their current level. This decision came even in the face of dissent from three members who advocated for a rate increase.
Amna Nawaz discussed the implications of this economic data with Greg Ip from The Wall Street Journal. Their conversation delved into how global tensions and domestic economic policy are intersecting in the current climate.
Amna Nawaz is known for her role as co-anchor and co-managing editor of PBS News Hour.