How Trump’s Desire to Influence the Fed Could Move Markets

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 9 August 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for August 9. Former President Donald Trump says presidents should have a say over how the Federal Reserve sets interest rates. WSJ editor Alex Frangos says those plans would blunt the central bank’s ability to fight inflation with often unpopular rate increases. Plus, Iran and its allies weigh how to strike back at Israel without igniting an all-out war. And, how the U.K. tackled anti-immigration riots and averted a night of far-right violence. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Mom, Dad, can we work around?
0:03.0	James, come round.
0:04.0	Can we have Tykaw,
0:05.0	Your makeup? We need speakers.
0:07.0	Pastors.
0:08.0	He's broken it.
0:09.0	She's crying.
0:10.0	Where's the football?
0:12.0	Can we watch cartoons?
0:13.9	Need a crowd pleaser?
0:15.0	Let's watch something with planets.
0:16.8	A musical.
0:18.0	cartoons.
0:18.7	The match.
0:19.7	New EE TV lets you search live and on demand all in one place. Search E. E. T.
0:27.0	E. T. requires E. E. broadband. Content may vary terms apply.
0:30.0	As Donald Trump says he's more qualified than Fed officials to set interest rates,
0:38.4	we'll look at how he could reshape the Central Bank's traditional independence.
0:42.1	Plus how the UK put a lid on the Central Bank's traditional independence.
0:42.8	Plus, how the UK put a lid on escalating riots this week,
0:47.0	and the Paris Olympics may have started out on a rainy note,
0:50.8	but the sun is shining as they enter the home stretch.
	...

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