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Wall Street sell-off intensifies as Donald Trump blasts Fed, but 'won't fire' Powell

the Guardian
Wall Street sell-off intensifies as Donald Trump blasts Fed, but 'won't fire' Powell

It's not surprising to see a sharp rise in volatility given the negative cross currents for markets. Global growth is slowing, US interest rates are rising and Trump's trade war rhetoric is hotting up ahead of next month's midterm elections. Longer term, we expect the economic expansion to