Dollar Slides After Trump Targets Fed Chair
A fresh social‑media attack from President Trump calling Fed Chair Jerome Powell a “major loser” rattled markets Monday, knocking the U.S. Dollar Index to a three‑year low and sparking a 2.4% drop in the S&P 500. Fears about Fed independence and an escalating tariff war drove investors toward gold and other safe‑haven assets.
|
Future Snapshot
See how this story could impact your life in the coming months
Exclusive Member Feature
Create a free account to access personalized Future Snapshots
Future Snapshots show you personalized visions of how insights from this story could positively impact your life in the next 6-12 months.
- Tailored to your life indicators
- Clear next steps and action items
- Save snapshots to your profile
Related Roadmaps
Explore step-by-step guides related to this story, designed to help you apply this knowledge in your life.
Loading roadmaps...
Please wait while we find relevant roadmaps for you.
Your Opinion
Did you find this story useful?
Your feedback helps us improve our content.
Comments (0)
Add your comment
No comments yet. Be the first to share your thoughts!
Related Stories
Markets Tumble After Trump Threatens 50% Tariff on EU Imports
Washington, D.C.: President Trump’s vow of a sweeping 50% tariff on all EU imports shook financial markets, with the S&P 500 off 2.6% this week...
Capital One Finalizes $35 Billion Discover Purchase
McLean, Virginia: Capital One completed a $35 billion takeover of Discover Financial Services, forming the largest U.S. credit card issuer by loan...
MarketWatch Moneyist: Powerwashing Boyfriend Ignites Family Finance Debate Over Unspoken Expectations
Suburban USA: A homeowner felt blindsided when her daughter’s boyfriend, who offered to powerwash a section of her house while visiting, later...