What happens if Trump takes over the Federal Reserve? | If You're Listening | ABC NEWS In-depth
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Video Description
US President Donald Trump has set his sights on the Federal Reserve. Trump’s unprecedented threat to fire the Fed Chair Jerome Powell and replace him with someone more willing to lower interest rates sent financial markets into a tailspin. It’s taken decades to build robust, independent central banks that people trust to fight inflation and keep the economy on track. But now a generation of populist leaders are threatening to undo that important work. So what will that mean for the global economy? Subscribe: https://ab.co/3yqPOZ5 Watch all episodes of If You're Listening - in our playlist: https://youtube.com/playlist?list=PLDTPrMoGHssAfgMMS3L5LpLNFMNp1U_Nq&si=8PbNZ381z7UkYtUJ Welcome to ABC News In-depth, where you'll find our long-form journalism and other videos to help you understand what's going on in the world around you. Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel: https://www.youtube.com/user/NewsOnABC Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia
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