Trump Crashes the Stock Market-Public Attack On Powell's Policies
Trump’s attack on Fed chair Powell has triggered a significant stock market crash, with major indices tumbling as investors react to such unprecedented political pressure on the central bank. The president’s criticism of Federal Reserve Chairman Jerome Powell has heightened economic uncertainty and also fueled market volatility at the time of writing. Also Read: The 1 Cent Dream: 3 Things That Can Push Shiba Inu to $0.01 Impact of Trump’s Attack on Powell: Stock Market Volatility and Risks Source: livewiremarkets.com U.S. stock markets fell sharply after President Trump intensified his attacks against Federal Reserve Chair Powell. The Dow ended down 2.5%, the Nasdaq Composite dropped over 2.5%, and also the S&P 500 fell 2.4%, while the dollar weakened to multiyear lows against major currencies. Source: Yahoo Finance Trump stated: “There can be a slowing of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW.” Central Bank Indepen...