Wall Street responded positively to the de-escalation, with equity index futures surging nearly 2% when trading resumed on Tuesday evening. This came after President Donald Trump stepped back from his threats to dismiss Federal Reserve Chair Jerome Powell,

President Donald Trump continued his rhetorical assault on Federal Reserve Chairman Jerome Powell as the stock market plummeted Monday morning. The post Trump Unloads on ‘Major Loser’ Jerome Powell as Stock Market Freefalls: ‘Mr.

President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff.

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Donald Trump's tariffs have helped nudge Europe's central bank into cutting interest rates further—action the U.S. president has been demanding of the Federal Reserve. President Trump has heavily criticized the Fed for not cutting rates fast enough,

The US stock market experienced its biggest losses since 2020 after former President Donald Trump announced a series of global tariffs. The Dow Jones, Nasdaq, and S&P indexes plummeted, causing widespread concern about the economic ramifications.