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Dollar surges as Trump backs down from threat to fire Fed's Powell
The U.S. dollar jumped broadly against major currencies on Wednesday as investors heaved a sigh of relief after President Donald Trump backed away from threats of firing Federal Reserve Chair Jerome Powell following his recent attacks.
President Donald Trump on Tuesday ratcheted down his rhetoric toward Federal Reserve Chairman Jerome Powell, saying he didn’t ...
The ECB last week cut interest rates by a further 25 basis points and warned of a ‘deteriorated’ growth outlook linked to ...
Trump has repeatedly put pressure on Powell to cut interest rates. The Fed has so far kept rates on hold this year after ...
Stocks tumbled Monday amid lingering concerns about President Trump's tariff policies and their potential impact on the ...
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