Fed man walking? Trump v Powell

联邦人行走?特朗普对鲍威尔

The Intelligence from The Economist

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2025-04-24

23 分钟
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First, Jerome Powell, chairman of the Federal Reserve, was for the chop; then he was safe. As elsewhere President Donald Trump's flip-flopping chips away at American credibility. After years of working from home, data make clear which demographic likes to do more of it (10:40). And electric vehicles do pollute the air—just not from the tailpipe (17:19).
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  • The Economist.

  • Hello and welcome to The Intelligence from The Economist.

  • I'm your host, Jason Palmer.

  • Every weekday we provide a fresh perspective on the events shaping your world.

  • I'm lucky enough to be able to do some of my work from home.

  • To be honest, I kind of like it as part of a balanced working diet.

  • Turns out it seems that feeling is shared particularly by workers in the English-speaking world.

  • And electric vehicles are absolutely positively unequivocally hands down better for the environment when it comes to tailpipe emissions.

  • But that's not the only kind of environmental impact that vehicles have.

  • First up though.

  • I would say the Fed really owes it to the American people to get interest rates down.

  • That's the only thing he's good for.

  • Here's a pattern that we've come to know well in the second Trump administration.

  • It starts with an incendiary statement.

  • This time, a week ago,

  • a vibe straight out of Mr. Trump's time telling contestants on The Apprentice,

  • that they're fired.

  • Then the backing off, the climb down,

  • a claim that that's not what he meant or someone else is to blame for the kerfuffle.

  • The press runs away with things.