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Trump’s Fed attack sees dollar dive and emerging markets rally

Trump’s Fed attack sees dollar dive and emerging markets rally

Donald Trump’s critical comments of the US Fed held back some stocks on Tuesday, while the dollar fell for a fourth consecutive day in its worst spell since March. As David Pollard reports, Trump said he was “not thrilled” with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the Fed should do more to help him to boost the economy.

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