logo
episode-header-image
Aug 7
21m 27s

Swamp Notes: Trump’s case against Fed ch...

Financial Times & Pushkin Industries
About this episode

Today, 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.


This episode originally aired on July 26.


Subscribe to Swamp Notes on AcastApple PodcastsSpotifyPocket Casts or wherever you get your podcasts.


Read a transcript of this episode on FT.com


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

Up next
Aug 5
The Economics Show: Trump is accelerating the dollar’s decline
Today, we're bringing you an episode from our fellow FT podcast, The Economics Show. The US dollar has been in slow decline for around a decade – so says Kenneth Rogoff, Harvard professor, and former chief economist of the IMF. Donald Trump’s trade policies have raised a lot of q ... Show More
31m 7s
Jul 31
The Little Railroad Merger That Could
On Tuesday, the American railroad giant Union Pacific announced its intention to buy Norfolk Southern, promising to fulfill Abraham Lincoln’s dream of a transcontinental railroad. Today on the show, the FT’s deals correspondent Oliver Barnes joins Rob Armstrong to talk about whet ... Show More
21m 28s
Jul 29
The EU folds on tariffs
Experts agree: When it comes to tariffs, Europe just got trounced. So did the American consumer, who will pay these taxes. Today on the show, Rob Armstrong and Ben Hall, the FT’s Europe editor, discuss the terms of the deal, and why Europe didn’t retaliate. Also they go long US o ... Show More
17m 27s
Recommended Episodes
Mar 2025
The Battle to Be the King of Retail: Walmart vs. Amazon
Walmart has been America’s largest retailer by revenue for over three decades. But that title might change hands this year, with Amazon hot on the supercenter’s heels. WSJ’s Sarah Nassauer explains how Walmart has fought hard to keep its crown.  Further Reading: -How Walmart Buil ... Show More
19m 44s
Nov 2024
Will Walmart Gobble Up Other Retailers’ Holiday Sales?
P.M. Edition for Nov. 20. Heard on the Street columnist Jinjoo Lee explains how Walmart is outpacing competitors. And WSJ reporter Heather Somerville discusses the Pentagon’s move to buy thousands of surveillance drones from a little known Utah manufacturer. Plus, the U.S. House ... Show More
14m 19s
Dec 2024
Why the government is suing Walmart
The Consumer Financial Protection Bureau is accusing Walmart and the fintech firm Branch Messenger of cheating some Walmart gig workers — the drivers who take packages the “last mile” from Walmart stores to customers’ homes. The CFPB sued the two companies yesterday. Also on toda ... Show More
7m 52s
Nov 2024
Walmart U.S. CEO Trump's Proposed Tariffs and Holiday Shopping | Colman Domingo Talks "The Madness"
A storm is bringing winter weather conditions to parts of the country, including Salt Lake City and Denver, potentially impacting flights during a busy Thanksgiving travel week. Since Friday, airlines have dealt with winter weather and air traffic control staffing issues that hav ... Show More
34m 55s
Nov 2024
SOTS 2nd Hour: Not On Target, Cutting the Cord, & The Nvidia Earnings Playbook 11/20/24
Carl Quintanilla, Sara Eisen and David Faber discussed the latest on the retail front after Target shares plunged on weak results and a guidance cut, hurting stocks across the sector. What does it mean for the consumer? And is there pain ahead for retail stocks heading into the h ... Show More
43m 48s
Jun 2
What’s News in Earnings: Retailers Scramble to Respond to Tariffs
Bonus Episode for June 2. President Trump’s tariffs plans pose an enormous challenge for U.S. retailers like Macy’s, Target and Best Buy. Some companies are working to move production out of China, others are negotiating with suppliers or even lifting prices for customers as the ... Show More
9m 49s
Apr 2025
SOTS 2nd Hour: Tariff Updates, Earnings Wrap-up, and Is This Rally Real? – plus: Coca-Cola CEO Talks Results 4/29/25
Fresh news on the tariff front when it comes to potential deals – and hopes of relief for the automakers… Carl Quintanilla, Sara Eisen, and David Faber broke down the latest from the White House, alongside the morning’s biggest earnings stories: from GM pulling guidance and delay ... Show More
42m 32s
Nov 2024
Kohl’s CEO Says the Retailer Has Made Mistakes
P.M. Edition for Nov. 27. WSJ retail reporter Suzanne Kapner explains how Kohl’s mistakes hurt sales and how the retailer is changing course. And megastar Taylor Swift is selling her new book exclusively at Target. Deputy bureau chief for our media team Melissa Korn talks about t ... Show More
13 m
Aug 2024
Walmart Lifts Yearly Outlook as Shoppers Hunt for Bargains
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence Senior Retail Analyst Jennifer Bartashus discusses Walmart raising its sales guidance for the full year, buoyed by consumers buying necessities and seeking deals even as they curtail spen ... Show More
43m 5s
Dec 2024
Target misses the mark
As Target struggles to retain its customers, rivals like Walmart are making gains. The Wall Street Journal’s Sarah Nassauer explains what’s behind this retail shift.This episode was produced by Amanda Lewellyn, edited by Matt Collette, fact-checked by Laura Bullard, engineered by ... Show More
27m 26s