US EditionU.S. dollar falls to three-year low as Trump’s Powell threats further dent investor confidence
- The U.S. Dollar fell to a three-year low due to concerns over Donald Trump's trade policies and his criticism of Federal Reserve Chair Jerome Powell.
- China's Commerce Ministry warned against trade deals that compromise its interests, indicating a severe response to U.S. Tariff negotiations with other nations.
- President Trump stated talks with China are ongoing and claims a good deal can be reached, despite his aggressive tariff strategies causing market jitters.
- Investors expressed concerns over the Federal Reserve's independence due to Trump's pressure for lower interest rates, potentially undermining the U.S. Dollar's standing as a safe investment.
152 Articles
152 Articles
The Dow plummets and the dollar hits a three-year low as Trump attacks Powell again.
By John Towfighi, CNN US stocks and the dollar fell Monday as investors assessed continued uncertainty over tariffs and the implications of President Donald Trump's ongoing mission to try to oust Federal Reserve Chairman Jerome Powell. The Dow fell 972 points, or 2.48%. The broader S&P 500 fell 2.36%. The tech-heavy Nasdaq Composite fell 2.55%. Every company in the Dow and nearly every company in the S&P 500 was trading lower as of Monday aftern…
US stocks hit "triple down" again as Fed independence shakes up
[New York - Takeuchi Hirofumi] US President Trump stepped up his criticism of the Federal Reserve Board (FRB), and the Dow Jones Industrial Average fell by more than $1,300 at one point on the US stock market on the 21st. The US dollar hit its lowest level in about three years, and US long-term bond yields also rose (bond prices fell). The situation, which undermines the independence of the central bank, has damaged investors' confidence in the …
Does Trump want a weaker dollar?
The US dollar slid to its weakest level in three years on Monday, as investors reacted to US President Donald Trump’s latest attacks on Fed Chair Jerome Powell, whom he blasted for not lowering interest rates faster, even as economists and investors worry that tariffs will stoke inflation. The greenback has already shed 10% of its value since Trump took office. But is a weak dollar part of a bigger plan? Last year, Stephen Miran, who is now Trum…
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