The New York Times reports growing evidence suggests that it was Russia that destroyed a major dam in Ukraine. Two former members of Donald Trump's presidential cabinet denounced his handling of classified documents and suggested he should be disqualified from ever being president again. The Daily podcast is supported by BetterHelp. Listeners of this podcast get 10% off their first month of therapy at betterhplp.com slash New York Times.
Rapid inflation has been a problem in the United States for more than two years, but the tide appears to be turning. Annual inflation is now less than half of what it was last summer.
Jeanna Smialek, who covers the Federal Reserve and the U.S. economy for The Times, discusses whether the decline is a result of careful policymaking, or more of a lucky accident.
Guest: Jeanna Smialek, a Federal Reserve correspondent for The New York Times.
Background reading:
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.