Global markets are all over the place after U.S. stocks slump following Trump’s attacks on Fed chair Powell

Quick Summary:

Analysts expressed a high degree of nervousness at the prospect that Powell might be replaced by someone who would give Trump more direct political control over the Fed.

Federal Reserve chair Jerome Powell.

Among the sellers were Japanese pension funds and banks, which ditched $20 billion worth, the FT reported.

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Article Details

Author / Journalist: Jim Edwards

Category: EconomyBusiness

Markets: United StatesJapan

Topics: Stock exchanges Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 10:14:34 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 6 lines

Sentence Length: 71 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28140909

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 30 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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