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Trump, the Fed, and Global Market Turmoil: A Volatile Week in Finance
NewApril 22, 202502:45

Trump, the Fed, and Global Market Turmoil: A Volatile Week in Finance

Trump's attacks on the Fed and uncertainty in markets spark a 'sell America' rally as global currencies shift. What's next for the dollar, inflation, and economic data?

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Trump's aggressive rhetoric toward Federal Reserve Chair Jerome Powell has sent shockwaves through global markets, with investors selling US stocks, bonds, and the dollar itself. As the USD falls and the EUR/USD surges past 1.15, the week's key economic data—like the April PMI reports and jobless claims—could reveal the true impact of Trump's policies. Meanwhile, the UK's soft inflation data hints at a possible Bank of England rate cut, and Canada's central bank warns of a potential recession. High-beta currencies like the SEK and NOK are rising against the USD, signaling a shift in market sentiment. Emma and Daniel break it all down, and Ebury's Jack Entwistle is ready to help businesses navigate these uncertain times. Tune in for insights on how these developments are shaping the financial landscape.