Stocks rally as Trump soothes fears over China trade, Fed
New York (AFP) April 23, 2025
A relief rally swept global equity markets Wednesday as comments by US President Donald Trump that he had "no intention" of firing the head of the Federal Reserve and his signals of possible tariff cuts for China reassured investors. Global markets, already upended by Trump's trade war, were hit at the start of the week by fears he was looking to remove central bank boss Jerome Powell for no
A relief rally swept global equity markets Wednesday as comments by US President Donald Trump that he had "no intention" of firing the head of the Federal Reserve and his signals of possible tariff cuts for China reassured investors. Global markets, already upended by Trump's trade war, were hit at the start of the week by fears he was looking to remove central bank boss Jerome Powell for no
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