Trump's Criticism of Powell Is Shaking Markets' Faith In Fed's Independence
1. Markets reacted negatively to Trump's criticism of the Federal Reserve. 2. Investors are concerned about potential influences on Fed's independence. 3. Dollar weakened significantly amid uncertainties over Fed's actions. 4. Major stock indexes fell more than 2%, triggering asset sell-offs. 5. Trump's rhetoric has worsened market confidence in U.S. economic policies.