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Odd Lots: The Damage to Fed May Have Already Been Done (Podcast)

Markets

Tracy Alloway, Joe Weisenthal

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July 19, 2025

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Bloomberg

There’s a long history of US presidents putting pressure on the Federal Reserve to lower interest rates, but the techniques have often been subtle or quiet in some way. Under President Trump, attacks on the Fed have risen to a whole new level. And it’s not just Trump that’s called on Chair Jerome Powell to cut rates. Other members of his administration (along with allies in Congress) have been hammering him both on policy and also topics unrelated to monetary policy, such as the cost of renovati

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