Federal Reserve lowers rates, but less than Trump wants
Podcast: Why is an independent Federal Reserve a big deal?
Federal Reserve Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, Sept. 17, 2025, at the Federal Reserve Board Building in Washington.
Jacquelyn Martin/AP
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Jacquelyn Martin/AP
The Federal Reserve voted this week to cut interest rates by a quarter percentage point. We discuss the factors behind the agency’s decision, as well as President Trump’s legal fight to fire Fed Governor Lisa Cook.
This episode: political correspondent Ashley Lopez, financial correspondent Maria Aspan, congressional correspondent Barbara Sprunt, and senior White House correspondent Tamara Keith.
This podcast was produced by Casey Morell & Bria Suggs, and edited by Rachel Baye. Our executive producer is Muthoni Muturi.
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