Trump's Criticism Undermines Faith in Fed's Independence

Reported about 12 hours ago

Recent criticisms from President Trump towards Federal Reserve Chair Jerome Powell have caused significant unease in financial markets. Investors reacted negatively, fearing Trump’s pressure for rate cuts may undermine the Fed's independence, contributing to a decline in the dollar's value and increased volatility in stock markets. Analysts warn that such politicization poses serious risks not just for the dollar but for the entire global financial system.

Source: YAHOO

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