Jerome Powell appears at a news conference at the White House after US President Donald Trump nominated him to lead the US Federal Reserve in November 2017. Trump has since called it the worst mistake of his presidency. Photo: Bloomberg

Donald Trump attacks the Fed as ‘the only problem’, and US markets plummet again

  • The Dow dropped 2.91 per cent and the S&P 500 fell 2.71 per cent in shortened Christmas Eve trading
  • Markets were already badly rattled by US Treasury Secretary Steve Mnuchin, after he said he had called banks and convened the ‘Plunge Protection Team’
Topic |   Stocks

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Jerome Powell appears at a news conference at the White House after US President Donald Trump nominated him to lead the US Federal Reserve in November 2017. Trump has since called it the worst mistake of his presidency. Photo: Bloomberg
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