Markets noticed one other important drop on Monday as US President Donald Trump continued to conflict with Jerome Powell, the pinnacle of the US Central Financial institution, after Powell refused to scale back the federal curiosity rater. Powell, who Trump known as a “main loser,” has maintained the federal curiosity to fight rising inflation brought on by Trump’s tariffs, prompting Trump to say he’s in search of a method to legally hearth Powell earlier than his time period ends in 2026.
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Trump conflict with Federal Reserve chief rocks markets
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