Overview

• President Trump publicly criticized Federal Reserve Chair Jerome Powell, calling him a 'major loser' and suggesting his removal to force interest rate cuts.
• The White House is reportedly studying the legal feasibility of firing Powell, raising concerns about the Fed’s independence and credibility.
• U.S. stock markets dropped significantly on Monday, with the Dow losing 750 points and the Nasdaq falling 2.65%, as investors reacted to Trump’s rhetoric and ongoing trade tensions.
• The U.S. dollar hit a three-year low, while safe-haven assets like gold and Bitcoin surged, reflecting investor unease over monetary policy uncertainty.
• Trump’s tariff policies and his pressure on the Fed have fueled fears of inflation, slower economic growth, and further market volatility ahead of the Fed’s May policy meeting.