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The Latest Breaking News on Stock Market Tumbles On Nvidia Export Curbs, Fed Chief Powell, UnitedHealth: Weekly Review

Trump Rages Against Federal Reserve Chair for 'Too Late' Declaration That Tariffs Will Lead to 'Higher Inflation'

After the Federal Reserve chair warned that Trump's tariffs could stoke inflation, Trump responded with a furious social media tirade demanding his removal.

International Business Times

Trump Suggests He Will Seek To Remove Fed Chair Despite Legal Protections: 'Cannot Come Fast Enough'

Trump publicly blasted his feud with Federal Reserve Chair Jerome Powell, suggesting he is ready to terminate the nation's most powerful economic policymaker.

Latin Times

ECB's Lagarde: Trade tariffs are a negative shock for the eurozone

Lagarde said the ECB’s rate cut reflected confidence in disinflation and rising growth risks from tariffs, which are set to weigh on demand. The bank dropped its “restrictive” stance and stressed a data-driven, flexible approach.

Euronews

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Trump suggests firing of Fed chair is coming – but he doesn’t have the power to remove him

Powell heads the Federal Reserve, the central banking system that operates as an independent entity free from political influence

The Independent UK

European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught

The Independent UK

Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs

Turkey’s central bank has raised its key interest rate by 3.5 percentage points and halted a three‑month easing streak as it confronts stubborn inflation and financial turbulence following the arrest of Istanbul’s mayor and aftershocks of global tariffs

The Independent UK

Trump says Fed chair is ‘too late’ on interest rates: ‘Powell’s termination cannot come fast enough!’

A day earlier, Federal Reserve chair Jerome Powell offered a pessimistic view of the economy because of the White House’s tariff policy.

Fortune

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Trump says Fed chair would resign if asked and condemns him over interest rates

President, whose tariffs has caused turmoil, said Jerome Powell is ‘always too late and wrong’ with rate policy

The Guardian - US

Turkish Central Bank Raises Interest Rate To 46 Percent

Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of Istanbul's opposition mayor and economic uncertainty provoked by US President Donald Trump's sweeping tariffs.

International Business Times

ECB cuts rates again as Trump tariffs weigh on economic outlook

The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh inflationary concerns.

Euronews

ECB cuts rates for third time this year as Europe braces for Trump tariffs

Quarter-point cut in main rate to 2.25% aims to tackle slowing eurozone growth and impact of US border taxes

The Guardian - UK

Trump Clashes With Fed Chief Powell Over Interest Rates

US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, calling him "always TOO LATE AND WRONG." "Powell's termination cannot come fast enough," Trump wrote on his Truth Social platform.

International Business Times

Fed Chair Powell warns of tariff turmoil as big company stocks struggle

The economy now faces "heightened downside risks," says Powell.

Fortune

Global stocks decline as U.S. imposes ban on Nvidia exports to China

The declines came after the S&P experienced a “death cross” on Monday — where the 50 day moving average sank below the 100-day moving average.

Fortune

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Euronews

Fed’s Powell warns tariffs may upset inflation-growth balance

Federal Reserve Chair Jerome Powell expressed concern over achieving the central bank’s dual mandate as tariffs are likely to drive inflation higher while weakening economic growth. His comments added further pressure on US stock markets and the US dollar on Wednesday.

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