US Dollar Hits Three-Year Low as Stocks Tumble Amid Trump Attacks on Fed

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Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Wall Street tumbled and the dollar slumped to a three-year low on Monday as growing global skepticism over U.S. investments intensified, driven by President Donald Trump's ongoing trade war and public criticism of the Federal Reserve. These actions have rattled confidence in the traditional economic order, prompting investors to pull back. Why It Matters Trump has repeatedly blasted Federal Reserve Chair Jerome Powell, whom he appointed in 2018,...