Wall Road closed in firmly damaging territory on Monday, persevering with a rout that is reaching historic dimensions. After Trump’s disruptive tariff insurance policies, it is now his assaults on the US Federal Reserve which can be unsettling traders. The US president has been lambasting the top of the central financial institution, Jerome Powell, on social media. He referred to as Powell “a significant loser” and urged “pre-emptive cuts in rates of interest”. We check out the Federal Reserve’s mandate and why it is purported to be impartial of political strain.
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Inventory markets rattled by Trump's assaults on US Federal Reserve
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