4.8 • 1.3K Ratings
🗓️ 22 July 2025
⏱️ 27 minutes
🧾️ Download transcript
"Marketplace" host Kai Ryssdal speaks with Greg Ip at the Wall Street Journal about growing threats to the Federal Reserve's independence — and why it matters not just for the U.S. economy, but for financial markets around the world. Plus, why investors are chasing riskier bets, how Subway plans to revive flagging sales and what one city is doing to help robotaxis navigate around emergency vehicles.
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1:01.6 | Nine months, three weeks, and six days to go. |
1:06.7 | I will explain. |
1:08.7 | From American Public Media, this is Marketplace. |
1:17.7 | In Los Angeles, I'm Kyle Rizdahl, Tuesday, today, 22 July. |
1:26.9 | Good as always to have you along, everybody. |
1:29.1 | There are 297 days remaining in Jay Powell's term as FedShare, which means there are 297 days left for President Trump to insult, berate, castigate, or otherwise let his displeasure with the guy he himself appointed to run |
1:46.2 | the central bank be known. That, as regular listeners to this program will know, is ground well trod, |
1:53.0 | so we are not going to go there. What we are going to do with Greg Yip from the Wall Street |
1:56.7 | Journal is talk about what the president's behavior implies that the Federal Reserve should be, |
2:01.4 | if not actually under the president's thumb, then certainly thumb adjacent. |
2:06.0 | And what that might mean, not just here, but for the rest of the global economy. |
2:09.8 | Hey, Greg. |
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