• The Federal Reserve Sets Up for Rematch With Trump

  • Nov 7 2024
  • Length: 14 mins
  • Podcast

The Federal Reserve Sets Up for Rematch With Trump

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  • Summary

  • Less than two days after Donald Trump won a second term, the Federal Reserve announced a rate cut. But speaking to reporters, Fed’s Powell faced difficult questions about the path forward for interest rates — and for him — under Trump.

    Bloomberg economic policy editor Kate Davidson joins host Saleha Mohsin to discuss how Powell’s answers today set up for a rematch between him and Trump over the Fed’s mission and independence.

    Read more: Trump’s Victory Casts a Shadow Over the Federal Reserve

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