Trump calls for an immediate cut in interest rates | DW News
Investors know it's been a tumultuous time in the stock market since Donald Trump returned to the White House in January. On Tuesday, another record was set.
Gold surged to an all-time high of just over three and a half thousand dollars an ounce on the global spot market. This rally comes on the heels of sharp losses in stock markets following Trump's tariff announcements. Investors seeking a safe haven are turning to gold.
But the volatility in the markets has also been fueled by Donald Trump's public criticism of Federal Reserve Chair Jerome Powell. Trump has called for an immediate cut in interest rates.
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00:00 Price of gold has hit record high under Trump
00:29 Trump criticism of Fed chief Powell adds to volatility
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