Global Markets Down After Trump Fed Firing, Tariff Threats
18 Articles
18 Articles

Global markets down after Trump Fed firing, tariff threats
Global stocks retreated on Tuesday after a series of market-rattling announcements by US President Donald Trump, including an unusual move to fire a central bank official and threats to impose new export controls and tariffs.


Asian currencies, stocks fall as Trump's Fed governor ouster sparks jitters
HONG KONG: Asian stocks tumbled on Tuesday after President Donald Trump's shock dismissal of a Federal Reserve governor rattled global confidence in the US central bank's independence, with regional currencies sliding in tandem. © New Straits Times Press (M) Bhd
The US Federal Reserve Fed is actually independent, but President Trump has been putting pressure on it for months. Now he intervenes in Fed's personnel policy and releases a high official. She has acted negligently.
President Donald Trump stated that a "with immediate effect" discharge on Lisa Cook, an official of the Federal Reserve, giving an extremely clear signal in his war against the U.S. Central Bank, notes BBC. In a...
Because he wants lower interest rates, Donald Trump constantly puts pressure on the US Federal Reserve. His next escalation stage: Fed Governor Lisa Cook has to go. He accuses her of »great negligence in financial transactions«.
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