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What happens if Trump takes over the Federal Reserve?

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Manage episode 513787049 series 2297481
Content provided by Australian Broadcasting Corporation and ABC listen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation and ABC listen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

US President Donald Trump has set his sights on the Federal Reserve, his unprecedented threat to fire the Fed Chair Jerome Powell and replace him with someone more willing to lower interest rates sent financial markets into a tailspin.

It’s taken decades to build robust, independent central banks that people trust to fight inflation and keep the economy on track. But now a generation of populist leaders are threatening to undo that important work. So what will that mean for the global economy?

Follow If You're Listening on the ABC Listen app.

Check out our series on YouTube: https://www.youtube.com/playlist?list=PLDTPrMoGHssAfgMMS3L5LpLNFMNp1U_Nq

  continue reading

461 episodes

Artwork
iconShare
 
Manage episode 513787049 series 2297481
Content provided by Australian Broadcasting Corporation and ABC listen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation and ABC listen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

US President Donald Trump has set his sights on the Federal Reserve, his unprecedented threat to fire the Fed Chair Jerome Powell and replace him with someone more willing to lower interest rates sent financial markets into a tailspin.

It’s taken decades to build robust, independent central banks that people trust to fight inflation and keep the economy on track. But now a generation of populist leaders are threatening to undo that important work. So what will that mean for the global economy?

Follow If You're Listening on the ABC Listen app.

Check out our series on YouTube: https://www.youtube.com/playlist?list=PLDTPrMoGHssAfgMMS3L5LpLNFMNp1U_Nq

  continue reading

461 episodes

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