President Trump met with Fed Chair Jerome Powell to discuss the economy, though interest rates weren’t a focal point, according to the Fed. Trump reportedly told Powell that he believed not lowering interest rates was a “mistake,” despite the Fed’s commitment to objective, non-political analysis. This meeting, initiated by Trump, occurs amidst his public criticism of Powell’s monetary policy.
Global Market Today: Asian stocks fall on Korean chip selloff, oil dips
Asian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also surfaced over Apple’s potential chip