{"id":111309,"date":"2025-08-26T13:12:09","date_gmt":"2025-08-26T13:12:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/111309\/"},"modified":"2025-08-26T13:12:09","modified_gmt":"2025-08-26T13:12:09","slug":"world-markets-wobble-as-donald-trump-attacks-the-fed-and-french-prime-minister-teeters","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/111309\/","title":{"rendered":"World markets wobble as Donald Trump attacks the Fed and French prime minister teeters"},"content":{"rendered":"<p><img decoding=\"async\" alt=\"French prime minister Francois Bayrou. Photo: AP\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/628c7385-3fc8-4fae-b382-5b5c52779fbf.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">French prime minister Francois Bayrou. Photo: AP<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Shares are falling sharply in Europe and fell overnight in Asia after US president Donald Trump announced he was firing Federal Reserve Governor Lisa Cook.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Trump said in a letter posted on Monday on his Truth Social platform that he was removing Ms Cook because of allegations that she committed mortgage fraud, but the move is being interpreted as a direct attack on the independence of the US central bank, which Mr Trump has repeatedly pushed to lower interest rates. <\/p>\n","protected":false},"excerpt":{"rendered":"French prime minister Francois Bayrou. Photo: AP Shares are falling sharply in Europe and fell overnight in Asia&hellip;\n","protected":false},"author":2,"featured_media":111310,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,72882,12,101],"class_list":{"0":"post-111309","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-donal-odonovan","10":"tag-donald-trump","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/111309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=111309"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/111309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/111310"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=111309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=111309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=111309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}