Learn English: Trump's Move Shakes Up the Dollar (normal)

4 days, 9 hours ago

Trump's Move Shakes Up the Dollar

News that President Trump may announce a new Federal Reserve chair early has sent the US dollar plummeting to a three-year low.

This unexpected move comes amidst Trump's ongoing attacks on current chair Jerome Powell's handling of interest rates.

Market analysts are closely watching for clues about the potential successor's economic policies and how they might affect the dollar.

Possible candidates include former Fed governor Kevin Warsh and current Treasury Secretary Scott Bessent, each bringing different perspectives.

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Source

Original: Fox Business

Tags

#US Dollar #Federal Reserve #Donald Trump #Jerome Powell #Monetary Policy

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