Categories: Estero

US stocks and dollar plunge as Donald Trump attacks Fed chair Jerome Powell | BBC News


US stocks and the dollar plunged again as President Donald Trump intensified his attacks on the US central bank boss and called him "a major loser".

In a social media post, Trump called on Federal Reserve chair Jerome Powell to cut interest rates "pre-emptively" to help boost the economy, and said Powell had been consistently too slow to respond to economic developments.

Trump’s criticism of Powell’s handling of the US economy came as his own plans for tariffs have driven a stock market sell-off and raised fears of economic recession.

Subscribe here: http://bit.ly/1rbfUog

For more news, analysis and features visit: www.bbc.com/news

#BBCNews

Redazione

Comments are closed.

Recent Posts

Cina, produzione cerealicola supera 714 mln di tonnellate nel 2025

PECHINO (CINA) (XINHUA/ITALPRESS)- La Cina ha registrato un altro anno di abbondante raccolto di cereali nel 2025, con la produzione…

43 minuti ago

Is Zelensky serious about elections after Trump called out Ukrainian democracy? | BBC Ukrainecast

After Donald Trump's incendiary interview this week, in which he called European leaders "weak" and questioned Ukraine's commitment to democracy,…

43 minuti ago