Episode Details

Back to Episodes
Trump set his sights on Jerome Powell

Trump set his sights on Jerome Powell

Episode 588 Published 1 year, 6 months ago
Description

Wall Street futures are attempting a comeback on Tuesday, following Monday's dramatic nosedive. Yet, let's not pop the champagne just yet—the S&P 500 is still nursing a 16% drop from its February high. Meanwhile, the U.S. dollar is catching its breath near a three-year low after a selloff sparked by Donald Trump's critique of Fed Chair Jerome Powell. Trump is calling for immediate interest rate cuts, warning of an economic slowdown without them. This has stirred up worries about the Fed's independence, rattling investor nerves and pushing the dollar index to its lowest since March 2022. Gold, the darling of safe-haven assets, hit a record high above $3,500 before retreating slightly.

Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us