President Donald Trump has set off a fresh round of worrying about his approach toward the Federal Reserve with his statement that his pick for the next Fed chair is “coming out very soon.”

President Donald Trump cited new inflation data in continuing to pressure Federal Reserve Chair Jerome Powell to lower interest rates, calling him a "numbskull" but adding that he won't seek to remove him.

President Donald Trump called Federal Reserve Chair Jerome Powell a “numbskull” for refusing the president’s requests that he drop interest rates. Trump, who has often clashed with Powell during his second term,

U.S. stock index futures dropped on Friday after Israel's military strike on Iran escalated tensions in the oil-rich Middle East and battered risk sentiment across global markets. Israel's widescale strikes against Iran's nuclear facilities were aimed at preventing Tehran from building an atomic weapon.

Trump said he had spoken to Israeli Prime Minister Benjamin Netanyahu on Thursday and planned to speak with him again on Friday. Trump called the operation "a very successful atta