EPISODE · Jul 31, 2025 · 37 MIN
A "prickly" Powell and Fed dissents
from The Financial Exchange Show · host The Financial Exchange Network
Chuck Zodda and Mike Armstrong recap an interesting press conference from Fed Chairman Jerome Powell at the conclusion of the central bank's meeting, which ultiamtely kept rates steady. Why did two Fed governors dissent and back an interest rate cut? And what does that mean for the rest of Powell's term? Plus, Ford is seeing pain from tariffs. Starbucks eliminates mobile-order only stores to get back to its roots. China's warning to the US and Nviida. And could autonomus trucking lead to massive job loss down the line?
What this episode covers
Chuck Zodda and Mike Armstrong recap an interesting press conference from Fed Chairman Jerome Powell at the conclusion of the central bank's meeting, which ultiamtely kept rates steady. Why did two Fed governors dissent and back an interest rate cut? And what does that mean for the rest of Powell's term? Plus, Ford is seeing pain from tariffs. Starbucks eliminates mobile-order only stores to get back to its roots. China's warning to the US and Nviida. And could autonomus trucking lead to massive job loss down the line?
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A "prickly" Powell and Fed dissents
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