Wall Street wobbles as Donald Trump goes after Federal Reserve chair Jerome PowellDollar weakens, oil falls slightly while gold hits record of $4,615 an ounceJerome Powell, chairman of the US Federal Reserve. Photo: Al Drago/BloombergIsla Binnie and Marc Jones Reuters Today at 06:30Wall Street wobbled and the dollar ceded ground while gold hit a new high yesterday as the Trump administration’s threat to indict Federal Reserve chair Jerome Powell raised fresh doubts about the future independence of the world’s most influential central bank.

Source: Irish Independent January 13, 2026 14:37 UTC