A Primer On The Federal Reserve's Independence

A Primer On The Federal Reserve's Independence

  • Por
  • Episodio
      370
  • Publicado
      26 ago 2025
  • Editorial
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Episodio
370 of 380
Duración
24min
Idioma
Inglés
Formato
Categoría
Historia

President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high. Trump has also threatened to oust Powell — which would mark an extraordinary shift away from the independence of the central bank.Today from our friends at The Indicator from Planet Money: a short history of the Federal Reserve and why it’s insulated from day-to-day politics; how the Fed amassed a ton of power in recent years; and a Trump executive order that took some of that power away.

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