Trump says he has ‘no intention of firing’ Federal Reserve chair Jerome Powell – live

Prospect of president firing central banker for not cutting interest rates had prompted downturn in US stocks, bonds and the dollar

Speaking in India, JD Vance has warned that the 21st century could be “a very dark time for all of humanity” depending on the decisions made over global trade and global partnerships at this juncture.

The US vice-president said “We are now officially one quarter into the 21st century, 25 years in, 75 years to go. And I really believe that the future of the 21st century is going to be determined by the strength of the US-India partnership.