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Federal Reserve · United StatesThe dollar weakened to a three-year low on Thursday after a report that Donald Trump was considering nominating the next Federal Reserve chair early, due to the US president’s frustration at the slow pace of interest rate cuts. The US currency fell 0.6 per cent against a basket of its trading partners including the pound and the euro, hitting a level last reached in early 2022.See the Story
Dollar hits 3-year low on report Donald Trump could pick next Federal Reserve chair early
49% Center coverage: 49 sources
S&P 500, Nasdaq open near record peak as Micron results boost chip stocks
57% Center coverage: 42 sources
