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Adam Tooze on Trump's War on the Fed

Season 2025 Episode 7322 | 18m 26s

The Federal Reserve is lowering interest rates in an effort to stimulate the deteriorating U.S. labor market. It's the first time since December that the body has taken action. How might the Fed be more responsive to the needs of a democracy? In his latest New York Times essay, Adam Tooze takes a deep dive into the American central banking system and explores the challenges it faces today.

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