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GLOBAL MARKETS-US Treasury Yields, Dollar Fall as Trump Strikes at Fed; US Stocks Up

August 27, 2025, 05.39 AM | Source: The Straits Times,The Straits Times
GLOBAL MARKETS-US Treasury Yields, Dollar Fall as Trump Strikes at Fed; US Stocks Up

ILUSTRASI. US stocks end with slight gains with President's move fans concerns over Fed independence

GLOBAL MARKET - NEW YORK. U.S. Treasury yields and the dollar eased on Tuesday as President Donald Trump's move to fire a central bank governor raised concerns about the bank's independence, while Wall Street stocks ended higher ahead of results from Nvidia on Wednesday. 

Trump said on Monday he was firing Federal Reserve Governor Lisa Cook over claims of mortgage borrowing impropriety. Cook said Trump had no authority to fire her and she would not resign. 

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