Scott Horsley

President Trump, Ukrainian President Zelensky, and Britain's Prince William are among those who've confirmed their attendance. The cardinal's conclave, where a new pope will be chosen through secret ballot inside the Sistine Chapel, is not expected for another two weeks. Lauren Freyer, NPR News, Rome.

President Trump, Ukrainian President Zelensky, and Britain's Prince William are among those who've confirmed their attendance. The cardinal's conclave, where a new pope will be chosen through secret ballot inside the Sistine Chapel, is not expected for another two weeks. Lauren Freyer, NPR News, Rome.

President Trump took to social media once again to complain the Federal Reserve has been too slow to lower interest rates. Trump's own tariffs are making it more difficult for the Fed to cut rates. Fed Chairman Jerome Powell warned last week, taxing nearly everything the U.S. imports is is likely to push inflation higher, at least temporarily.

President Trump took to social media once again to complain the Federal Reserve has been too slow to lower interest rates. Trump's own tariffs are making it more difficult for the Fed to cut rates. Fed Chairman Jerome Powell warned last week, taxing nearly everything the U.S. imports is is likely to push inflation higher, at least temporarily.

Trump dismissed that threat and belittled Powell, calling the Fed chairman, quote, a major loser. Investors who were already rattled by the president's trade war are not likely to be reassured by his attacks on the central bank. Oil prices fell on fears of a global economic slowdown, and the yield on 10-year treasuries rose. Scott Horsley, NPR News, Washington.

Trump dismissed that threat and belittled Powell, calling the Fed chairman, quote, a major loser. Investors who were already rattled by the president's trade war are not likely to be reassured by his attacks on the central bank. Oil prices fell on fears of a global economic slowdown, and the yield on 10-year treasuries rose. Scott Horsley, NPR News, Washington.

President Trump described the Federal Reserve Chairman, Jerome Powell, as a, quote, major loser and warned of an economic slowdown unless the central bank cuts interest rates. Trump complained last week that the Fed is falling behind, noting that the European central bank has cut rates seven times in the last year.

President Trump described the Federal Reserve Chairman, Jerome Powell, as a, quote, major loser and warned of an economic slowdown unless the central bank cuts interest rates. Trump complained last week that the Fed is falling behind, noting that the European central bank has cut rates seven times in the last year.

Europe, unlike the United States, has not imposed steep tariffs on all imported products. Powell has warned that Trump's tariffs are likely to cause at least a temporary jump in U.S. inflation, which has made the Fed skittish about cutting rates. The dustup has investors worried, adding pressure to a sell-off in the stock market. Scott Horsley, NPR News, Washington.

Europe, unlike the United States, has not imposed steep tariffs on all imported products. Powell has warned that Trump's tariffs are likely to cause at least a temporary jump in U.S. inflation, which has made the Fed skittish about cutting rates. The dustup has investors worried, adding pressure to a sell-off in the stock market. Scott Horsley, NPR News, Washington.

Bloomberg reports that China's government has ordered airlines in that country not to accept any more jets from Boeing. That's the latest move in the U.S.-China trade war. Boeing stock fell. Bank of America shares opened higher, as the bank reported better-than-expected profits for the most recent quarter. CEO Brian Moynihan says bank forecasters are not projecting a U.S.

Bloomberg reports that China's government has ordered airlines in that country not to accept any more jets from Boeing. That's the latest move in the U.S.-China trade war. Boeing stock fell. Bank of America shares opened higher, as the bank reported better-than-expected profits for the most recent quarter. CEO Brian Moynihan says bank forecasters are not projecting a U.S.

recession this year, although he acknowledged what he called a changing economy in the future. Scott Horsley, Empire News, Washington.

recession this year, although he acknowledged what he called a changing economy in the future. Scott Horsley, Empire News, Washington.

You want to follow what's happening in Washington, D.C., but you don't want to be scrolling your phone all day. I'm Scott Detrow, and NPR has a podcast that can help. It's called Trump's Terms. Stories about big changes the 47th president is pursuing on his own terms. They're short, they're focused episodes that tell you calmly, factually, what is happening and what isn't.

You want to follow what's happening in Washington, D.C., but you don't want to be scrolling your phone all day. I'm Scott Detrow, and NPR has a podcast that can help. It's called Trump's Terms. Stories about big changes the 47th president is pursuing on his own terms. They're short, they're focused episodes that tell you calmly, factually, what is happening and what isn't.

Listen to Trump's Terms from NPR.

Listen to Trump's Terms from NPR.

The tariffs that are still in place include a 10 percent tax on imports from most countries around the world and a whopping 145 percent tax on goods from China. Economists at the Yale Budget Lab say these are the highest tariffs the U.S. has had since early in the last century.

The tariffs that are still in place include a 10 percent tax on imports from most countries around the world and a whopping 145 percent tax on goods from China. Economists at the Yale Budget Lab say these are the highest tariffs the U.S. has had since early in the last century.