Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Pressure Creates Cloud Over Fed Decisions, Former Fed President Esther George
Posted
August 22, 2025
Views
3,312
Likes
21
Comments
3
Engagement
August 22, 2025
3,312
21
3
0.72%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
6:22Now PlayingAt a divided Federal Reserve, policymakers pushing for lower interest rates look close to getting their way after Chair Jerome Powell on Friday opened the door to a cut in September.
The debate over what happens after that is likely to begin even before the Federal Open Market Committee meets Sept. 16-17 in Washington. And there’s no guarantee that more cuts will follow any time soon.
In what was likely Powell’s last speech at the US central bank’s annual gathering in Jackson Hole, Wyoming, the Fed chief pointed to mounting risks to the labor market.
“The shifting balance of risks,” Powell said, “may warrant adjusting our policy stance.”
That long-awaited signal for an approaching cut came amid unrelenting pressure from the White House for lower borrowing costs. President Donald Trump dismissed Powell’s remarks as “too late,” but financial markets rallied, causing stocks to surge and Treasury yields to drop.
Former Kansas City Fed President, Esther George, discusses whether or not when the Federal Reserve decides to cut rates will it risk Fed credibility. She also talks about Fed Chairman Jerome Powell’s speech at Jackson Hole, and how President Trump’s tariffs will impact inflation. Esther George speaks with Tyler Kendall and Michael Shepard on the late edition of Bloomberg’s “Balance of Power.”
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
