Reported about 9 hours ago
Concerns are growing about the potential dismissal of Federal Reserve Chair Jerome Powell by President Trump, which is causing uncertainty in US markets and doubts about the dollar’s status as a safe haven. As US stock prices drop and the dollar weakens, traders are reacting to fears that Trump's policies and his disdain for the Fed could exacerbate a looming recession, challenging the central bank's independence.
Source: YAHOO