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Trump says dollar too strong, swipes at Fed for rate hikes

Sunday, March 3, 2019, 12:26 PM

President Donald Trump said Saturday that the U.S. dollar is too strong, and took a swipe at Federal Reserve Chairman Jerome Powell as someone who "likes raising interest rates." The U.S. economy is doing well in spite of the actions of the central bank, Trump said during a wide-ranging speech at the Conservative Political Action Conference in National Harbor, Maryland.
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US markets rattled by Apple's sales warning

Thursday, January 3, 2019, 9:08 PM

US stocks were set to open sharply-lower on Thursday after Apple Inc stunned investors with a-rare-sales warning that inflamed fears that Sino-US trade war and slowing China economy would eat into corporate profits more than expected. "Apple reiterates worries that China and trade issues have not been resolved," said Robert Pavlik, chief investment strategist, senior portfolio manager at SlateStone Wealth LLC in New York.
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Indian markets may feel the heat as stocks get singed worldwide

Wednesday, December 26, 2018, 7:46 AM

Indian stocks may extend this year's declines when markets reopen on Wednesday with renewed turmoil in Washington rattling investor confidence. Investors looking to the US government for signs of stability instead got further unnerved with President Donald Trump blasting the Federal Reserve, blaming it for the three-month equity rout in a Twitter post on Monday after stock markets ended trading in Mumbai.

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