• Swamp Notes: The Federal Reserve’s tariff dilemma

  • Apr 12 2025
  • Length: 18 mins
  • Podcast

Swamp Notes: The Federal Reserve’s tariff dilemma

Listen for free

View show details

  • Summary

  • 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.

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

What listeners say about Swamp Notes: The Federal Reserve’s tariff dilemma

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.co.uk reviews

Amazon reviews
No Reviews are Available