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Stocks Slump as Trump’s Threat to Fire Powell Adds Pressure
By
Joel Leon
News April 21, 2025 at 02:15 PM
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What You Need To Know
- Trump has been vocal over the head of the central bank not moving fast enough to slash interest rates.
- All 11 S&P 500 sectors were lower, with stocks also under pressure from Trump’s incoherent trade policies.
- The broad index is down by nearly 10% since Trump unveiled sweeping tariffs on most U.S. trading partners.
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