The Globe and Mail reports in its Tuesday edition that U.S. President Donald Trump roiled markets by reigniting his public tirade against Federal Reserve chair Jerome Powell, sending everything from the U.S. dollar to U.S. stocks lower as investors weigh the President's willingness to sever the central bank's long-standing independence from the White House. The Globe's Tim Kiladze and Darcy Keith write that Mr. Trump started calling out Mr. Powell, the Fed chair he appointed in 2018, during his first administration, but did so aggressively again last week after Mr. Powell cautioned the current trade war could send inflation higher. Should that happen, the Fed will have to consider raising interest rates again to combat rising prices, something Mr. Trump dislikes. All three major U.S. indexes tumbled more than 2 per cent Monday, and the U.S. dollar continued to get hammered, sinking to a three-year low against major currencies. U.S. Treasury yields, which are the effective interest rate on U.S. debt, also jumped, suggesting investors see these bonds as riskier investments. The S&P/TSX Composite Index closed at 24,008.86, down 183.95. Gold miners rallied after gold futures settled 2.9 per cent higher at $3,425.30.