American stocks and dollar sliding after Trump’s attacks, President of the Federal Reserve Powell

American shares and the dollar fell again, as President Donald Trump increased his attacks on the President of the US Central Bank, who described him as a “great loser” because of the lack of interest rates.

In a post on social media, Trump, Federal Reserve Chairman Jerome Powell, called for a “proactive” interest rate to help enhance the economy, saying that Powell was very slow to respond to economic developments.

“There can be a slowdown in the economy unless the master does not miss a large loser, reduces interest rates, now,” wrote.

Trump’s criticism of Powell comes with the American economy, as it prompted his drivers to sell the stock market and sparked fears of economic recession.

Saddam added the intense president with Powell, who appointed him to lead the Federal Reserve during his first term, to market turmoil.

The S&P 500, which tracked 500 of the largest American companies, decreased by approximately 2.4 % on Monday. It has lost nearly 12 % of its value since the beginning of the year.

The Dow Jones industrial rate decreased by 2.5 % and about 10 % has decreased so far this year, while the NASDAC Exchange has decreased by more than 2.5 % and about 18 % has decreased since January.

Although dollar bonds and the US government are usually safe assets in times of turmoil in the market, they have not escaped the recent turmoil.

The dollar index – which measures the power of the dollar against a group of currencies, including the euro – has decreased on Monday to its lowest level since 2022.

Interest rates have also increased on the debts of the US government, as investors demanded higher returns to retain the treasury.

Trump’s criticism of Powell is due to his first term in office, when he also discussed fire. Since winning the elections, Powell urged to reduce borrowing costs.

This cash follows the latest Powell warnings that Trump taxes are likely to increase prices and the slowdown of the economy.

Trump Last week, he called publicly to launch PowellThursday, writing on social media: “End Powell cannot come quickly enough.”

Such a step will be controversial – and legally doubtful – given the tradition of independence in the bank.

P. He said last year to reporters He did not believe that the president has the legal authority to remove him.

But a senior economic advisor in Trump confirmed that officials were studying the option on Friday, when the US stock market was closed for trading.