Swamp Notes: The Federal Reserve’s tariff dilemma
FT News Briefing12 Apr 2025

Swamp Notes: The Federal Reserve’s tariff dilemma

US President Donald Trump’s global trade war has made a mess for the Federal Reserve. Despite an encouraging US consumer price index report this week, there are major concerns about the inflationary nature of Trump’s tariffs. Meanwhile, the Fed has cut growth forecasts. And if all that wasn’t enough, Trump is breathing down chair Jay Powell’s neck to cut interest rates. The FT’s US economics editor Claire Jones and economics commentator Chris Giles explain why the central bank is caught in a difficult position.


Mentioned in this podcast:

Jay Powell’s tariff dilemma: defend the economy or contain inflation

Alphaville: An emergency rate cut from the Fed?

US inflation falls more than expected to 2.4% in March

Federal Reserve ‘absolutely’ ready to help stabilise market if needed, top official says


Sign up for the FT’s newsletter Chris Giles on Central Banks

Sign up for the FT’s Swamp Notes newsletter here


Swamp Notes is produced by Katya Kumkova. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(2132)

Hungary ousts longtime prime minister Viktor Orbán

Hungary ousts longtime prime minister Viktor Orbán

Hungary’s prime minister Viktor Orbán concedes, US President Donald Trump says America will launch a naval blockade of the Strait of Hormuz after peace talks with Iran failed, and Wall Street banks ar...

13 Apr 12min

US-Iran war boosts used electric vehicle sales

US-Iran war boosts used electric vehicle sales

Shipping through the Strait of Hormuz remains at a standstill, sales of used electric vehicles are surging in the US, and the International Monetary Fund is warning that the war’s shocks will be felt ...

10 Apr 12min

The oil market navigates a shaky ceasefire

The oil market navigates a shaky ceasefire

The Middle East ceasefire is strained, the FT’s Jamie Smyth explains how the uncertainty is hitting oil markets and Pakistan has become a mediator between the US and Iran. Plus, the data chief of the ...

9 Apr 11min

US and Iran agree to two-week ceasefire talks

US and Iran agree to two-week ceasefire talks

US President Donald Trump said he would “suspend the bombing and attack of Iran for a period of two weeks” subject to Iran reopening the Strait of Hormuz, hedge funds made record bets against European...

8 Apr 12min

China lends Cuba a helping hand

China lends Cuba a helping hand

The US and Iran rejected each other’s peace proposals, EU officials are urging governments to avoid excessive support to offset surging energy prices, and the value of buyouts by private equity groups...

7 Apr 10min

Counting the costs of Trump’s immigration crackdown

Counting the costs of Trump’s immigration crackdown

In a special edition of the FT News Briefing, reporter Guy Chazan explains the cost of US President Donald Trump’s immigration crackdown. We hear from business owners and people affected by the polici...

6 Apr 12min

Swamp Notes: The economic fallout of ‘liberation day’

Swamp Notes: The economic fallout of ‘liberation day’

America’s tariff regime affected all aspects of life from the global economy to the day-to-day of average business owners. In this special episode, the FT’s US Economics Editor Claire Jones explains w...

4 Apr 11min

Robert Armstrong on coining the Taco trade

Robert Armstrong on coining the Taco trade

President Donald Trump fired US attorney-general Pam Bondi, and private credit investors are requesting their money back from Blue Owl Capital at an alarming rate. Plus, the FT’s Robert Armstrong cont...

3 Apr 12min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
stopp-verden
forklart
aftenpodden-usa
popradet
fotballpodden-2
det-store-bildet
dine-penger-pengeradet
rss-gukild-johaug
lydartikler-fra-aftenposten
hanna-de-heldige
nokon-ma-ga
rss-ness
rss-espen-lee-usensurert
rss-penger-polser-og-politikk
rss-utenrikskomiteen-med-bogen-og-grasvik
aftenbla-bla
e24-podden
rss-dannet-uten-piano