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President Trump’s pick for Fed chair is facing a multi-trillion-dollar high-wire act. The Iran war is ratcheting up inflationary pressures as the jobs market weakens. Raising or cutting interest rates right now could be problematic. But doing nothing is also risky with President Trump determined to see the Fed cut rates. On this episode of Reuters Econ World, U.S. economics editor Dan Burns joins host Carmel Crimmins to discuss how Warsh may try to thread the economic and political needle.
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By Reuters4.8
2323 ratings
President Trump’s pick for Fed chair is facing a multi-trillion-dollar high-wire act. The Iran war is ratcheting up inflationary pressures as the jobs market weakens. Raising or cutting interest rates right now could be problematic. But doing nothing is also risky with President Trump determined to see the Fed cut rates. On this episode of Reuters Econ World, U.S. economics editor Dan Burns joins host Carmel Crimmins to discuss how Warsh may try to thread the economic and political needle.
Sign up for the Reuters Econ World newsletter
Catch Reuters Morning Bid here
For information on our privacy and data protection practices visit the Thomson Reuters Privacy Statement.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Further listening
Trump’s economy — Live from New York
Is the U.S. economy in danger of contracting?
Live podcast: The affordability gap
Learn more about your ad choices. Visit megaphone.fm/adchoices

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