President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed's refusal for now to further cut interest rates, rattling financial markets growing ever more fearful that Trump may ultimately try to fire the U.

Key Takeaways Markets reacted negatively after President Donald Trump on Monday once again criticized the Federal Reserve.Analysts said investors are uncomfortable with the notion that the president could be working to pressure the central bank.

President Donald Trump renewed his attacks on Federal Reserve Chair Jerome H. Powell on Monday, exacerbating a stock sell-off and dragging the dollar to a three-year low amid persistent uncertainty about the administration’s approach to trade and the economy.