Politicians love cheap money, but markets punish meddling. The battle over interest rates is now a battle over confidence in the world’s most powerful central bank.
Chapters:
00:00 Trump vs the US Fed
00:22 Politics and monetary policy: Can the US Fed stay independent?
00:26 Kevin Warsh: Trump’s pick
01:07 Why governments push for lower rates
01:51 Why Central bank independence matters
02:20 Inflation and the rate dilemma
03:31 What happens if independence is lost
05:05 Why this matters for the world
#business #federalreserve #donaldtrump #monetary #kevinwarsh #dollar #dwbusiness
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