Stock markets rally as Trump rows back on Fed and China threats
Wednesday, 23 April 2025 () Global stock markets and the dollar have rallied on hopes of two significant climbdowns by the Trump administration on issues blamed for a slump in values.
Trump claims meeting with China after Beijing denies any trade negotiations
Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets...
D.L. Hughley says any Black person who visits President Donald Trump in the White House doesn't understand or care about Black issues ... specifically tearing.. TMZ.com
President Trump's doing what he's known for -- firing people ... but this time it's a bunch of board members at the U.S. Holocaust Memorial Museum who were.. TMZ.com
Donald Trump's endorsing a controversial public figure to become the next head of the Catholic Church -- himself! The President of the United States was asked.. TMZ.com
In a revealing interview with The Atlantic, U.S. President Donald Trump claimed he’s now “running the world” and is enjoying his second term far more than his first. He described his current leadership role as “fun,” despite calling it “serious stuff.” Trump also addressed past remarks about a potential third term, brushing them off as unlikely. His comments—while dramatic—spark new debates about power, global influence, and political ambition as the Trump era continues to stir global headlines.
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President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as fears of a central bank shakeup faded. Trump had previously accused Powell of failing to cut interest rates. The about-face follows internal White House talks on removing Powell, who is legally protected until 2026. Critics warned that firing him could destabilize the entire financial system.
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Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.
READ MORE : http://www.euronews.com/2025/04/22/investors-flee-us-assets-as-trump-attacks-feds-powell-and-calls-for-rate-cuts
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Credit: euronews (in English) Duration: 01:30Published
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year. The outburst follows Powell’s stark warning that Trump’s sweeping tariffs could drive the U.S. into stagflation. With Powell’s term running through 2026 and legal protections in place, Trump’s demand has ignited a constitutional debate over presidential power and the independence of America’s central bank.
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Donald Trump has defended his sweeping new tariffs, urging countries unhappy with U.S. trade levies to stop doing business altogether. Calling the tariffs “appropriate,” Trump brushed aside stock..
Stocks on the Taiwan Stock Exchange surge in early trading, tracking global markets higher, after US President Donald Trump suspended his highest trade tariffs, except for those on China.
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Amid rising trade tensions, US Treasury Secretary Scott Bessent has hinted at delisting Chinese firms from American stock markets. As Trump hikes tariffs on Chinese imports to 104%, Beijing retaliates..
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