About this episode

The episode discusses the challenges Kevin Warsh faces as he navigates economic and political pressures regarding interest rates.

President Trump’s pick for Fed chair is facing a multi-trillion-dollar high-wire act. The Iran war is ratcheting up inflationary pressures as the jobs market weakens. Raising or cutting interest rates right now could be problematic. But doing nothing is also risky with President Trump determined to see the Fed cut rates. On this episode of Reuters Econ World, U.S. economics editor Dan Burns joins host Carmel Crimmins to discuss how Warsh may try to thread the economic and political needle. Sign up for the ⁠Reuters Econ World ⁠⁠⁠newsletter⁠⁠⁠ Catch Reuters Morning Bid ⁠here⁠ For information on our privacy and data protection practices visit the Thomson Reuters Privacy Statement. Learn more about your ad choices. Visit megaphone.fm/adchoices Further listening Trump’s economy — Live from New York Is the U.S. economy in danger of contracting? Live podcast: The affordability gap Learn more about your ad choices. Visit megaphone.fm/adchoices

Topics covered

• Federal Reserve
• interest rates
• inflation
• U.S. economy
• political economy

More episodes of Reuters Econ World

• The economics of $60-plus cigarettes · April 15, 2026 · 34 min
• Safe havens · April 8, 2026 · 41 min
• Live podcast: The affordability gap · April 1, 2026 · 47 min
• Will Trump’s Iran war jumpstart the EV revolution? · March 25, 2026 · 37 min
• Adam Smith’s time to shine · March 18, 2026 · 27 min
• The Gulf’s nightmare scenario · March 11, 2026 · 38 min

Explore listener stats, chart rankings, contacts and more on the Reuters Econ World podcast page.