U.S. GDP Reports Inflation Data Makes It Harder for Fed to Cut Rates
P.M. Edition for April 25. Gross domestic product expanded at a 1.6% seasonally- and inflation-adjusted annual rate in the first quarter. The Commerce Department\u2019s report also suggests inflation was firmer than expected in March. Markets reporter David Uberti has more. And hearing a last-ditch appeal from Donald Trump, the Supreme Court appeared open to granting some level of immunity to protect former presidents from prosecution. Jess Bravin reports. Plus, Scott Patterson discusses the federal effort to speed up big power-grid infrastructure projects. Pierre Bienaim\xe9 hosts.\n\n\n\nListening on Google Podcasts? Here's our guide for switching to a different podcast player.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices