Life Inside Iran, Trump and Cuba, Fed Interest Rates - Up First from NPR Recap
Podcast: Up First from NPR
Published: 2026-03-18
Duration: 14 min
Guests: Arzu Rezvani, Franco Ordoñas, Scott Horsley
What Happened
Iran has been launching drones and missiles across the Middle East as a reaction to the killing of its security chief. This has led to increased tension and conflict in the region, with several countries intercepting these attacks. Arzu Rezvani, reporting from the Iraq-Iran border, describes the fear and censorship faced by Iranians fleeing the country.
The Trump administration is considering a change in leadership in Cuba, with Secretary of State Marco Rubio involved in discussions with Cuban leaders. President Trump has suggested a 'friendly takeover,' and the U.S.'s cessation of oil supplies to Cuba has worsened the economic situation there. Rubio argues for gradual economic and political reforms in Cuba, reminiscent of Obama's previous policies with the nation.
The Federal Reserve is set to decide on interest rates amidst economic instability caused by the U.S. and Israeli conflict with Iran. The war has resulted in soaring energy prices and a weakening job market. Scott Horsley reports that while some policymakers are considering lowering interest rates to support the economy, the persistent inflation complicates this decision.
Jerome Powell's future as Federal Reserve Chair is uncertain due to a political standoff involving a criminal investigation by the DOJ. Tom Tillis, a Republican senator, is blocking a vote on Powell's replacement, Kevin Worsh, until the investigation concludes. This situation may result in Powell extending his term beyond its scheduled end in May.
Key Insights
- Iran's military response includes launching drones and missiles across the Middle East after the killing of its security chief, affecting regional stability.
- Cuba faces economic difficulties exacerbated by the U.S. cutting off oil supplies, prompting discussions of leadership change influenced by Marco Rubio and President Trump's administration.
- The Federal Reserve's decision on interest rates is complicated by high energy prices and a weakening job market, as inflation remains a pressing concern.
- Jerome Powell's tenure as Fed Chair may be extended due to a DOJ investigation and political maneuvering, impacting the succession plan for the Federal Reserve leadership.