[IMPORTANT: Make this 4 times longer with much more detail]
Can the Fed stay independent? on x (opens in a new window) Can the Fed stay independent? on facebook (opens in a new window) Can the Fed stay independent? on linkedin (opens in a new window) Can the Fed stay independent? on whatsapp (opens in a new window) Save Can the Fed stay independent? on x (opens in a new window) Can the Fed stay independent? on facebook (opens in a new window) Can the Fed stay independent? on linkedin (opens in a new window) Can the Fed stay independent? on whatsapp (opens in a new window) Save Published March 4 2025 Jump to comments section Print this page Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Your browser does not support playing this file but you can still download the MP3 file to play locally. President Donald Trump has loudly proclaimed his desire for lower interest rates. Jay Powell, chair of the Federal Reserve, responding to persistent inflation, has kept rates higher. And keeps mentioning that he can’t be fired. But is this true? Today on the show, the FT’s economics commentator Chris Giles joins Katie Martin to discuss an upcoming legal case that might increase the president’s ability to fire the heads of agencies. Also we go short the Atlanta Fed and long vowels. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer . You can email Robert Armstrong and Katie Martin at unhedged@ft.com . Read a transcript of this episode on FT.com View our accessibility guide . Copyright The Financial Times Limited 2025 . All rights reserved. Reuse this content (opens in new window) Comments Jump to comments section Promoted Content Follow the topics in this audio Financials Add to myFT Markets Add to myFT Federal Reserve Add to myFT Unhedged Podcast Add to myFT Comments Comments have not been enabled for this article.
