logo
episode-header-image
Apr 2024
14m 25s

Fed Chair Jerome Powell Tempers Expectat...

The Wall Street Journal
About this episode

P.M. Edition for April 16. Federal Reserve Chair Jerome Powell said firmer-than-expected inflation and hiring have weakened the case for pre-emptive interest-rate cuts. And the International Monetary Fund says the global economy is picking up steam this year, but the poorest countries are falling behind. Economics reporter Paul Kiernan has more on the revised expectations. Plus, the U.S. Supreme Court hears arguments in a case that could affect hundreds of January 6th, 2021 prosecutions. Legal affairs correspondent Jan Wolfe has more. Annmarie Fertoli hosts.


Listening on Google Podcasts? Here's our guide for switching to a different podcast player.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Today
The Tech Rally Appears to Be Fading
A.M. Edition for Aug 25. The prospect of September interest rate cuts gave markets a boost late last week, but as the tech slide continues, WSJ finance editor Alex Frangos explains why investors are being more cautious of the Magnificent Seven. Plus, Eric Trump tells WSJ’s Vicky ... Show More
13m 42s
Yesterday
How the Rising Cost of College Is Changing Families’ Calculus
Rounding out our week looking at the finances of parenting, we’re looking at one of the biggest costs families can face: college. About 18 million students enrolled in post-secondary education this spring. That’s up from last year. And so is the price of tuition. Sandra Kilhof sp ... Show More
13m 28s
Aug 23
What’s News in Markets: Home Depot Rallies, Target Misses, Meta Pauses
How did Home Depot bounce back in spite of a mixed bag of a quarterly report? And what caused a leadership shakeup at Target? Plus, why is Meta pausing hiring in its AI division? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Si ... Show More
5m 43s
Recommended Episodes
Dec 2022
Fed hints at less aggressive rate increase
Federal Reserve chair Jay Powell signalled the central bank will start to slow the pace of interest rate increases, French president Emanuel Emmanuel Macron is meeting with US president Joe Biden today, and Eurozone inflation finally slowed down. Plus, we get the latest on the fa ... Show More
9m 15s
Apr 2024
Trump’s trials, Powell’s warning and geopolitics at the Olympics
The Supreme Court hears a January 6th case with implications for Donald Trump. Fed Chair Jerome Powell’s hawkish turn on interest rates raises the stakes for poor countries seeking debt relief. And with 100 days to go until the Olympics in Paris, global tensions hang over the Gam ... Show More
12m 12s
Jan 2022
The Fed’s Big Shrink
Read a transcript of this episode on FT.comhttps://www.ft.com/content/afd4c412-780b-407a-8b5a-10175cf319fc A US judge says that the Federal Trade Commission can go ahead with a revised case seeking to break up Facebook, and the latest US inflation report is expected to show price ... Show More
9m 22s
Jun 2022
Inflation At 40-Year High; Jan. 6 Committee Wants To Talk To Ginni Thomas
Take our survey: https://www.npr.org/podcastsurvey Ginni Thomas, the wife of Supreme Court Justice Clarence Thomas, reportedly said she'd be willing to speak to the committee following reporting by the Washington Post that Thomas was communicating with a Trump legal adviser at th ... Show More
22m 18s
Apr 2024
JP Morgan CEO Jamie Dimon on What's Next for the Economy
Jamie Dimon discusses his concerns about the future of the economy, the effect of overseas wars and the importance of U.S. leadership in a wide-ranging interview with WSJ’s Editor-in-Chief Emma Tucker. Further Watching: -Jamie Dimon on the Economy, Geopolitical Risks and AI: Full ... Show More
18m 55s
Apr 2024
U.S. First Quarter Growth Slowed as Inflation Remains Stubborn
Plus: New York’s highest court orders a new trial for Harvey Weinstein. And Haiti’s prime minister formally resigns. Danny Lewis hosts. Listening on Google Podcasts? Here’s our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm ... Show More
2m 31s
Apr 2023
Emerging markets debt crunch
Donald Trump is suing his former lawyer Michael Cohen, an uptick in core prices in the US is keeping pressure on the Federal Reserve to push ahead with another interest rate rise in May, and a study shows 91 of the poorest countries will spend an average of more than 16 per cent ... Show More
9m 55s
May 2024
Swamp Notes: The Fed’s political pressures
The US Federal Reserve is fiercely independent, but that doesn’t mean politicians always treat it that way. The FT’s US national editor, Edward Luce, and acting US economics editor, Claire Jones, join this week’s Swamp Notes to explain how the central bank’s policy could affect t ... Show More
12m 32s
May 2024
Higher rates for even longer (and longer)
The Federal Reserve has signalled that US borrowing costs are likely to remain higher for longer, and cruise operator Viking Holdings rose on its market debut. Plus the FT’s Owen Walker explains what the exit of HSBC chief executive Noel Quinn means for the bank’s China strategy. ... Show More
9m 25s
Apr 2024
Bidenomics: How the economy may sway the US election
The president has fired “a bazooka” of money into the economy. Will voters reward him? Joe Biden says the economy is doing great thanks to a series of policies he calls Bidenomics. The idea is to jump-start the US following the COVID collapse with massive investments in the indus ... Show More
26m 43s