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House, thank you very much. joining us now is betsy stevenson, a former member of president obama s white house council of economic advisors, and she s a former chief economist for the labor department. also with us is michelle single terry, syndicated personal fitness columnist for the washington post and author of what to do with your money when crisis hits: a survival guide. we need the guide now, michelle. betsy, good to see both of you. betsy, let me start with you. last month, jay powell said that 75 basis points, increasing the interest rates by 0.75% was not something that was actively considered. what s your expectation now and would that be enough to slow inflation? well, i think what jay powell has said is that he s going to read the data, and that they are going to react to the news they get and they did get some news that inflation was much higher than i think people expected in this latest read. a lot of people have talked ....
just traveling that close to strangers, i feel like better safe than sorry in this case i d rather not get sick. i ll keep it on. reporter: a national poll finds 56% favor keeping the transportation mask mandate while 24% oppose it. it s not just air travelers. masking rules vary from city to city, buses, trains, and subways. with many people asking should they drop the mask or double mask? adding to the mask confusion the justice department s decision to appeal that federal judge s order that struck down the mask mandate. we ll respect the ruling, but we re still going to follow the science, and that s why we re appealing. reporter: but it s a gamble many public health experts worry the cdc could be handcuffed if the appeals court agrees it exceeded its authority. when the next big crisis hits, we want a cdc that s strong, nimble and decisive and that won t happen if the court curtails it. reporter: confusion ....
The solidarity the world solidarity seems so much more here, julio. reporter: i agree, jose. this crisis hits home. you and i can feel related to this. we ve covered a lot of immigration and people migrating in central america and in mexico to the u.s. and this is a very similar situation, just people escaping from the violence and the war. the difference here is it all happened from one day to the next. and people here didn t expect things. but the same thing, they re leaving home, leigh family behind, and trying to find an opportunity. everything is an unknown for them. they don t know where they re going to wake up tomorrow, where they re going to sleep tomorrow. it is a very tough situation. just an hour ago, a train from kyiv arrived in this station. we had to opportunity to talk to some of the women and the children who just arrived and ....
Of adds up. the child care tax credit is popular across party lines, which makes its failure in congress even more puzzling for these families. i feel that if they were put in our shoes for a couple days, their decisions would be different, just because we don t have the freedom to spend our money the way we want to. we have to spend our month planned paycheck by paycheck. with us now is michelle singletary, the author of what to do with your money when crisis hits. she s also a syndicated person finance columnist for the washington post. great to have you here. let s talk about the impact of this credit ending. we saw some stories there with vanessa. it s important for people to ....
We don t live going forward is. and of course we don t live in we don t live in a bubble, one of the majorfact we don t live in a bubble, one of the major fact is of our day and age as coronavirus, covid-19. what and age as coronavirus, covid 19. what trends did you see on that front across retail, automotive as you mention, financial services, technologies not be a number of common factors you were saying emerge for the ability of those countries to be malleable and to move at speed but also to navigate the current covid 19 storm. navigate the current covid-19 storm. ~ , ,., , navigate the current covid-19 storm. ~ , , i. navigate the current covid-19 storm. ~ , ., storm. absolutely. if you are lookin: storm. absolutely. if you are looking at storm. absolutely. if you are looking at consumer - storm. absolutely. if you are looking at consumer brands, | looking at consumer brands, lululemon and nike are doing extraordinarily well because they don t just talk about digital transfo ....