Trump and Powell strains

Dollar Weakens as Fed’s Independence Over Interest-Rate Policy Comes Under Further Attack

April 21, 2025

(195) Many domestic financial markets around world remain either fully or partially closed for the extended Easter holiday including most of Europe, much of Africa, Australia, New Zealand and Hong Kong. Nonetheless, there are two big stories this morning. Pope Francis died at 07:35 local time (01:35 EDT). The Chairman of the U.S. President’s Council […] More

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