President Trump has intensified his criticism of Federal Reserve Chair Jerome Powell, even considering his dismissal due to disagreements over interest rate policy. Economists warn that firing Powell could backfire, potentially raising long-term borrowing costs despite Trump’s aim to lower them.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen