DOLLAR DROPS, YIELDS RISE: Chaos Erupts as Trump Fires Fed Governor Lisa Cook

DOLLAR DROPS, YIELDS RISE: Chaos Erupts as Trump Fires Fed Governor Lisa Cook

In today’s video, we break down a major story shaking markets: Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook — a move raising serious concerns about central bank independence and the future of monetary policy in the U.S. – S&P Global’s warning on potential U.S. credit rating pressure – Legal implications of Trump’s attempt and Cook’s refusal to resign – Broader impact on global markets, including rising UK bond yields Insights from Fed Chair Jerome Powell and future expectations for Fed independence Credit to : World Affairs In Context