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Searching for 'Fed Powell'. (Return)

NPR Topics: BusinessMay 08, 2025
It's hard out there for a Fed chair
President Trump has flirted with firing Federal Reserve Chair Jerome Powell since returning to office, but can he legally do that? Not without good cause. Today on the show, the danger of Trump's amped up attacks on Powell and the Fed's independence.

Follow Chris Hughes on Substack.

Related listening:
A primer on the Federal Reserve's Independence (Apple / Spotify)
Arthur Burns: shorthand for Fed failure?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.

Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.


NYTimes BusinessMay 07, 2025
As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear'
The central bank stuck to a wait-and-see approach as officials brace for President Trump's tariffs to stoke higher inflation and slower growth.

MarketWatch Breaking NewsMay 07, 2025
Watch live: Jerome Powell's news conference on Fed decision


RELATED ARTICLES
Trump has made it (almost) impossible for Powell to cut interest rates (MarketWatch)
Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell 'understood what he was doing' (CNBC Economy)
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