Is the US Fed's independence at stake?

美国联邦储备体系的独立性是否受到威胁?

World Business Report

2025-08-30

26 分钟
PDF

单集简介 ...

As Fed governor Lisa Cook fights to block President Trump from firing her, a first legal hearing on the matter ends without a ruling. But with ongoing tensions and concerns over political meddling, who would want the next Fed chair job when the role becomes vacant next year? We speak to a former regional Fed president who says he’s up for the job. Canada’s economy shrinks much more than expected amid trade disputes with the US. An economist from the Canadian Chamber of Commerce weighs in on whether it might improve any time soon. And as a Chinese property giant’s shares are removed from a major stock market, is the golden era for Chinese real estate well and truly over?
更多

单集文稿 ...

  • This BBC podcast is supported by ads outside the UK.

  • Available now on the documentary from the BBC World Service.

  • We celebrate the life and legacy of Sir Paul McCartney.

  • The ex-Beatle and solo star also enjoyed success with Wings.

  • Find out more about the cultural icon in Paul McCartney, Beatles and beyond.

  • Listen now by searching for the documentary wherever you get your BBC podcasts.

  • Hello and welcome to World Business Report from the BBC World Service.

  • I'm David Harper and on this edition,

  • in a week where President Trump made moves to remove a governor from the Fed,

  • we're asking what it might mean if politicians can wade in more easily on monetary policy.

  • And with the Fed chair position up for grabs next year,

  • one former regional Fed president says he's up for the role.

  • I'll take the job as long as it's set up for success.

  • I'm the most experienced person.

  • We're also looking at the impact of scrapping the de minimis rules,

  • meaning duty is now payable on hundreds of millions of low-value US imports.

  • And is the golden era for the Chinese property market well and truly over?

  • Evergrande kept expanding by using newly borrowed money to pay off old debts.

  • The survival of the business hinged on housing prices rising forever and that there is always liquidity in the market.

  • Before all of that, though,