Trump's Attacks on Powell Shock Markets

Reported about 5 hours ago

In a recent trading day, President Trump's harsh criticism of Federal Reserve Chair Jerome Powell led to significant declines in Wall Street, the U.S. dollar, and long-term Treasuries. This turmoil has raised concerns over the credibility of U.S. economic policymaking, with gold prices soaring as investors seek safe havens amidst uncertainty. Market analysts predict further volatility, highlighting the potential repercussions of political interference with monetary policy.

Source: YAHOO

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