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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 ...
Trump says he has 'no intention of firing' Federal Reserve Chairman Jerome Powell
President Donald Trump had criticized Fed Chairman Jerome Powell as 'a major loser,' but he has 'no intention of firing him.' ...
Even fellow critics of the Federal Reserve want Trump to back off Powell as stocks and the dollar both slide
When politics interferes with the central bank’s ability to set monetary policy, inflation tends to be the result.
Rupee to dip as dollar rally stoked by Trump's Fed comments, US-China optimism
The rupee is likely to open weaker on Wednesday, pressured by the dollar index rallying after U.S. President Trump walked ...
Harvard sues Trump administration over 'unlawful' multibillion dollar budget cuts
Harvard sued the Trump administration in federal court on Monday over its "unlawful" multibillion dollar funding freeze of ...
Trump injects fresh worry into U.S. economy as he approaches 100 days in office
Both stocks and the dollar are down. But perhaps the most worrying sign for the U.S. economy is that bond yields are rising.
Stocks, dollar rebound in Asia as Trump steps back
Stock markets were enjoying a much-needed relief rally in Asia on Wednesday after President Donald Trump said he had no plans ...