Trump's Fed Frenzy: A Battle for Control of Global Finance

Australia's Four Corners will air a PBS Frontline documentary tonight, examining Donald Trump's campaign to influence the US Federal Reserve. The President vs The Fed investigates the growing battle over the independence of this powerful financial institution and its far-reaching consequences for global markets.

The US Federal Reserve's decisions have significant effects on inflation and investment worldwide, including in Australia. President Trump is fighting for control of the institution, which sets the price of money globally. This power struggle has implications extending beyond Washington DC.

The documentary, which first aired in May, features current and former Federal Reserve officials, economists, and Trump allies. It explores Trump's efforts to force down interest rates and reshape the independent central bank.