US dollar hits three-year low as stocks tumble after Trump rips fed chair Jerome Powell

By Yahoo! Finance   |   3 weeks ago
US dollar hits three-year low as stocks tumble after Trump rips fed chair Jerome Powell

The U.S. dollar hit a three-year low as Trump criticized the Federal Reserve, calling for interest rate cuts on Truth Social. Markets reacted negatively, with Dow Jones, S&P 500, and Nasdaq dropping. Trump's tariff plans have led to economic concerns and market volatility.

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