4 • 2.7K Ratings
🗓️ 17 April 2025
⏱️ 25 minutes
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0:00.8 | Amazon offers term time working to their employees, like Anton, |
0:07.4 | who's home to look after his daughters during their holidays. |
0:10.0 | Hello! |
0:10.8 | To him, this is the best sound in the world. |
0:17.2 | Actually, maybe that's the best sound of all. |
0:23.1 | Now that's term time working. |
0:24.5 | Offered at Amazon. |
0:26.8 | Ten weeks off guaranteed per year. |
0:29.0 | Mix of paid holiday and unpaid time off. |
0:29.8 | Conditions apply. |
0:37.3 | From the opinion pages of the Wall Street Journal, this is Potomac Watch. President Trump is clashing with |
0:41.1 | the Federal Reserve once again, this time over the central bank's response to his tariffs and |
0:48.4 | their consequences. Chairman Jay Powell this week in remarks in Chicago is cautious, |
0:53.7 | and President Trump wants interest rate cuts now rapidly. |
0:58.4 | So what's at stake for the economy, for monetary policy, for the Federal Reserve and its independence, |
1:04.8 | and for Jerome Powell's tenure as chairman of the Federal Reserve? That's our subject for today on Potomac Watch, |
1:13.3 | the daily podcast of Wall Street Journal Opinion. I am Paul Giego, and I'm here with |
1:18.4 | Joe Sternberg and Mary Honesthesia O'Grady. So let's listen to Jerome Powell this week, Wednesday, |
1:24.6 | talking, I think it was a Chicago Economic Club about the impact of tariffs, |
1:29.5 | as he sees it on the conduct of monetary policy going forward. |
1:33.7 | The administration is, as I mentioned in my remarks, is implementing significant policy changes, |
1:39.8 | and particularly trade now is the focus. And the effects of that are likely to move us away from our goals. |
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