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GLOBAL MARKETS-Stocks and Dollar Slide as Trump's Fed Attacks Jangle Nerves

April 21, 2025, 08.52 AM | Source: Reuters
GLOBAL MARKETS-Stocks and Dollar Slide as Trump's Fed Attacks Jangle Nerves

ILUSTRASI. FILE PHOTO: Dollar banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration/File Photo

SINGAPORE. Asian equities and U.S. stock futures slid on Monday while the dollar slumped, as anxiety over tariffs and public criticism of the Federal Reserve by President Donald Trump hit sentiment, leading gold prices to a new high.

Trump launched a series of attacks against Fed Chair Jerome Powell on Thursday, with his team evaluating whether they could fire Powell, a move that has great consequence for the central bank's independence and for global markets.

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