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The John Batchelor Show

PREVIEW: Colleague Liz Peek of The Hill and Fox News reports on why POTUS is irritated by Fed Chairman Powell's recent public remarks. More later.

The John Batchelor Show

John Batchelor

News, Books, Society & Culture, Arts

4.62.7K Ratings

🗓️ 22 April 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

PREVIEW: Colleague Liz Peek of The Hill and Fox News reports on why POTUS is irritated by Fed Chairman Powell's recent public remarks. More later.
1859 FIVE POINTS NYC

Transcript

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0:00.0

The weather. Tomorrow, expect a biting cold front. Hmm, how naughty. I wonder what I'll be

0:06.8

wearing or taking off. The night will be wild and untamed. Expect heavy, lashing rain

0:13.0

that'll soak you to the skin. By Monday, temperatures will rise slowly but surely reaching

0:18.7

their peak in the afternoon.

0:23.0

Not in the mood for miserable weather?

0:25.6

Fly cheaply to Turkey with Sun Express.

0:28.7

Sun Express, nonstop sunshine.

0:31.5

This is John Batchelor.

0:36.7

Conversation with colleague Elizabeth Peake about the President of the United States annoyed with the Chairman of the Federal Reserve.

0:39.2

Not a new phenomenon, but in particular, why? Why now?

0:44.1

Trump has spoken in the past about the Federal Reserve

0:48.3

and the role it plays.

0:50.4

Right now, the Federal Reserve is not a major focus

0:53.2

or even a minor focus for Wall Street.

0:56.3

So what is the upset?

0:58.4

Liz identifies it very carefully as Mr. Powell saying we don't know which way to go,

1:04.6

despite the fact that the interest rates are ticking down.

1:09.3

Liz Peek on why the President is annoyed with the Chairman of the Federal Reserve's remarks

1:14.6

in these last days.

1:16.6

More of this tonight.

1:17.6

What peeved Donald Trump is that J. Powell gave a speech last week, as you well know,

1:22.6

basically saying that inflation was a problem and slow growth was a problem, so that the Fed was stymied.

...

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