US Dollar, Markets Pay Heavy Price Of Trump Tariffs, Fight With Fed Reserve Chair | 'Major Loser'

| Apr 22, 2025, 09:20:32 AM | TOI.in
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The U.S. dollar and markets tumbled as Donald Trump escalated his fight with Federal Reserve chair Jerome Powell. In a post on Truth Social, Trump called Powell a major loser for not lowering interest rates. Following his comments Dollar hit a 3-year low, dropping more than 1.5% against the Swiss franc to 0.8063, marking its lowest level in 10 years. Watch what's happening in U.S. markets.

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