logo
episode-header-image
Aug 27
10m 1s

The risk of firing a central bank govern...

Financial Times
About this episode

Investors are worried that Donald Trump’s attempted firing of a Federal Reserve governor could undermine faith in the world’s most important central bank, and FT sources say the US has said it is prepared to provide intelligence assets to any western security plan for postwar Ukraine. Plus, French assets were hit on Tuesday as investors reacted to the prospect of a government collapse as soon as next month.


Mentioned in this podcast:

US long-term debt sells off after Trump’s attempted firing of Fed governor

US offers air and intelligence support to postwar force in Ukraine

French assets hit by prospect of government collapse


Today’s FT News Briefing was produced by Sonja Hutson and Marc Filippino. Additional help from Kelly Garry, Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.


Read a transcript of this episode on FT.com


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

Up next
Nov 21
The Big Tech stock rollercoaster
<p>Tech stocks have been on a rollercoaster since Nvidia reported earnings, the US added 119,000 jobs in September but unemployment reached its highest level in four years, and the US has formally handed Ukraine a sweeping peace plan drawn up with Moscow. Plus, we’ll go over all ... Show More
12m 22s
Nov 20
The bidding war for Warner Brothers Discovery begins
<p>Nvidia grew sales of its chips even faster than Wall Street anticipated in its latest quarter, and UK inflation fell to 3.6 per cent in October. Plus, Paramount is trying to buy Warner Brothers Discovery and China’s opaque economic data is coming under scrutiny.&nbsp;</p><br>< ... Show More
12m 36s
Nov 19
Brussels sprouts critical minerals plan
<p>Meta has won the antitrust case that threatened to break it apart, the EU plans to create a central body to co-ordinate the purchasing and stockpiling of critical minerals. Plus, US tech stocks sold off on Tuesday as worries mounted over high valuations for artificial intellig ... Show More
10m 7s
Recommended Episodes
Aug 26
Dollar Drops, Gold Rises as Trump Ousts Fed's Cook
The dollar dropped and gold gained after President Donald Trump removed Federal Reserve Governor Lisa Cook, raising concerns about the independence of the central bank. A gauge of the dollar retreated 0.3% as Cook will be removed from the position effective immediately, according ... Show More
19m 43s
Aug 7
Trump Names Miran to Fill Seat on Federal Reserve Board
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said he had chosen Council of Economic Advisers Chairman Stephen Miran to serve as a Federal Reserve governor.“He has been with me from the beginning of my Second Term, and ... Show More
37m 48s
Apr 2025
Stocks Advance as Trump Walks Back Intent to Fire Fed's Powell
Stocks jumped and the dollar rose after President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell while optimism grew that trade tensions may be easing. Trump's comments on the Fed chief late Tuesday in Washington walk back opinions expressed e ... Show More
21m 30s
Feb 2025
Trump’s Ukraine Plan, BOE Faces Stagflation & Google Ends Diversity Goals
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US allies expect President Donald Trump’s administration to present a long-awaited plan to end Russia’s war on Ukraine at the Munich Security Conference in Germany next week, according t ... Show More
17m 9s
Oct 17
Stocks Climb as Trump Soothes Wall Street Nerves
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF. A jittery week on Wall Street ended on a positive note for stocks as President Donald Trump’s remarks soothed anxiety around trade tensions while regional banks rebounded. Bonds, gold and silver ... Show More
41m 1s
Feb 2025
Fed Minutes Signal Officials on Hold Until Inflation Improves
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg International Economics and Policy Correspondent Michael McKee reports on Federal Reserve officials expressing their readiness to hold interest rates steady amid stubborn inflation and economic policy ... Show More
1h 2m
Sep 17
Fed Cuts Rates by Quarter-Point; Powell Cites Weakness in Jobs
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this year following months of intense pressure from the White House to slash borr ... Show More
39m 20s
Feb 2025
Trump Wants Gaza 'Riviera', US Blocks China Parcels & De Beers Diamond Pressure
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump said the US should take control of the devastated Gaza Strip, shunt the area’s residents to other countries and rebuild it into a new “Riviera,” a proposal at odds with Amer ... Show More
16m 27s