The actions were already heading for a lower opening on Monday, but lost more land after the publication of President Donald Trump on Truth Social criticizing the president of the Fed, Jerome Powell.
The DOW is down more than 800 points. THE& P is down more than 2% and the NASDAQ is down by almost 3%.
The shares are lower, but the price of treasury bills and the value of the dollar, which normally increases during the market disorders, are also lower.
“” Preventive cuts “” in interest rates are requested by many, “wrote Trump on Monday.” With the costs of downward energy, food prices (including the Biden eggs disaster!) Low less, and most of the other “things” have dropped, there is practically no inflation. “”
The president of the federal reserve, Jerome Powell, leaves after having spoken to the Club Economic in Chicago, on April 16, 2025.
Images of Vincent Alban / Getty
“With these trendy costs so well down, exactly what I had predicted that they would make, there can hardly be inflation, but there can be a slowdown in the economy unless Mr. Too late, a large loser, decreases interest rates,” continued Trump. “Europe has already” lowered “seven times. Powell has always been” too late “.”
– ABC News’ Zunaira Zaki
