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FT News Briefing

Swamp Notes: Trump’s case against Fed chair Powell

22 min • 2 augusti 2025

This weekend, we're sharing an episode from our fellow FT podcast, Swamp Notes.


The US president is angry with the chair of the Federal Reserve over interest rates. He’s applying a lot of pressure on Jay Powell to lower them or leave his job. The FT’s Claire Jones and Adam Posen, president of the Peterson Institute for International Economics, break down what will happen if Trump succeeds in either of those goals.


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