Investors react as Trump-Fed feud escalates
Yahoo Finance·2026-01-12 01:38

SINGAPORE, Jan 12 (Reuters) - Tension between the White House and the U.S. central bank sharply escalated over the weekend, with U.S. ​Federal Reserve Chair saying the administration had threatened him with ‌a criminal indictment related to the Fed headquarters renovation. Chair Powell called the threats a "pretext" aimed ‌at putting pressure on the Fed to cut interest rates. The U.S. dollar fell broadly, U.S. stock futures slid and Treasury futures rallied. Here are what investors and market analysts a ...