English

Chair of the Board of Governors of the Federal Reserve System Jerome Powell speaks during an event hosted by the Economic Club of Chicago, Wednesday, April 16, 2025.

Markets

Video. Investors flee US assets as Trump attacks Fed chair Jerome Powell

Updated: 22/04/2025 - 6:30 GMT+2

Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.

Read full article

Top stories

Now playing Next

Latest news bulletin | September 16th, 2025 – Morning

Now playing Next

Rupert Murdoch's family reaches deal on who will control media empire

Now playing Next

AI, art and inclusion take centre stage at Expo 2025

In partnership with Cabinet Secretariat

Now playing Next

Thousands at the Vatican concert with Bocelli and Pharrell Williams

Now playing Next

Vuelta cycling tournament abandoned due to pro-Palestine protests

Now playing Next

Ukraine strikes one of Russia's top oil refineries

Now playing Next

US deploys F-35 jets to Puerto Rico amid escalating Venezuela tensions

Now playing Next

Javier Bardem wears keffiyeh at 2025 Emmys in support of Palestine

Now playing Next

Terrorists threaten Notre Dame cathedral in old, fake video

Now playing Next

Amsterdam to Paris in 45 minutes? Dutch Hyperloop tests show promising results

Now playing Next

Arab-Islamic emergency summit offers mixed response to Israeli strike on Hamas in Doha

Now playing Next

Spain's PM Sánchez calls for Israel to be banned from sports events over war in Gaza

Now playing Next

Latest news bulletin | September 15th, 2025 – Evening

ADVERTISEMENT

ADVERTISEMENT

More from Markets

Markets

European markets eye historic rally following Trump’s tariff pause

Markets

European markets move lower as Trump's sweeping tariffs take effect

Markets

European markets move higher after punishing global sell-off

Markets

Bloodbath for European markets as stocks see worst fall since March 2020

Latest video

Tech News

Trump suggests TikTok deal reached with China. Here’s what to know

Europe in Motion

Connection tourism: These are the best European cities for layovers

No Comment

US flags line Windsor streets ahead of Trump state visit

United Kingdom

PM Starmer condemns Elon Musk's 'violence is coming' comments at UK anti-migrant rally

Europe in Motion

How are overweight and obesity affecting EU citizens?

Israel

Netanyahu defends Israeli operations in Gaza City and 'legitimate' strike on Hamas in Qatar

Smart Regions

In Estonia, a new rare-earth magnet plant powers Europe’s green transition

No Comment

Fire in Manila displaces 1,000 families and destroys several homes

ADVERTISEMENT

No Comment

Israel destroys multiple high-rises in Gaza City after evacuation warning

United Kingdom

US President Trump to meet King Charles III and PM Starmer on state visit

No Comment

Tommy Robinson rally in London draws 110,000 and ends in clashes

EuroVerify

Russian disinformation falsely claims Coalition of the Willing plans to 'occupy' Ukraine

Ukraine

Four firefighters injured in Russian drone attack in Chernihiv region

No Comment

Pro-Palestine protesters halt the Vuelta a España final stage in Madrid

Culture news

Emmys 2025: ‘Adolescence’, ‘The Pitt’ and ‘The Studio’ win big - with many records broken

Culture news

Culture Digest: The best things to do, hear, see or watch in Europe this week

ADVERTISEMENT

ADVERTISEMENT