politics @lemmy.worldEnglish · 2 days ago

Dow tumbles 1200 points as Trump knocks Powell, investors await trade deals: Live updates

www.cnbc.com

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Dow tumbles 1200 points as Trump knocks Powell, investors await trade deals: Live updates

www.cnbc.com

Ghostalmedia@lemmy.world to

politics @lemmy.worldEnglish · 2 days ago

Dow slides more than 950 points as Trump rips Fed Chair Powell, reigniting investor worries: Live updates

www.cnbc.com

The moves come after each of the three major averages saw a third weekly decline in the last four trading weeks.

Edit: now down 1100

Edit 2: 1200

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MakingWork@lemmy.ca
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2 days ago
Lowering interest rates would cause inflation to get higher. The whole point of increasing interest rates is to slow down inflation.

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