US stock and slide dollars after Trump attacks on a fed chair powell star-news.press/wp

American stocks and dollars again descended again while President Donald Trump strengthened his attacks on the American head of Central Bank, called “big loser” due to not reducing interest rates.

At the site of the social media, Trump called for the Federal Spare Chairs of Jerome Powell to cut the interest rates “Turning the economy, saying that Powell was consistent to respond to economic development.

“There may be a slowdown in the economy, unless Mr. too late, the main loser, the United States lower interest rates,” he wrote.

Trump’s criticism of Powell’s handling of the American economy comes as their own tariff plans have launched sales and raised fears for an economic recession.

President Intensifying the Powell conflict, which he appointed to lead the Fed during his first term, added the restless martyr.

S & P 500, which accompanies 500 largest American companies, has occurred at approximately 2.4% on Monday. From the start of the year, she lost approximately 12% of her value.

The Dow Jones Industrial has fallen 2.5% and fell about 10% so far this year, while Nasdaq fell more than 2.5%, and since January it is approximately 18%.

Although the bonds of the dollar and US government usually consider safe assets in the time of market turmoil, they did not avoid recent turbulence.

The dollar index – which measures the dollar strength against the currency set, including the euro – on Monday it fell to the lowest level of 2022. Years.

Interest rates on American state debt have also risen, because investors demanded greater returns for holding treasury.

Trading on most of the main stock indices was muffled on Tuesday morning.

Japanese Nikkei 225 and ASX 200 in Sydney were about 0.1% lower. Hong Kong’s Seng dropped by about 0.5%.

Meanwhile, the price of gold hit a new record of high as investors are looking for so-called “security” assets.

The Gold Spot was speeding $ 3,400 (2.563 pounds) per ounce for the first time on Monday.

A precious metal is seen as a safer place to put money in times of economic insecurity.

Trump’s critique Powell dates back to his first term in the office, when he was allegedly, he talked about firing. Since the conquest of the elections, Powell called on lower borrowing costs.

The latest critique is followed by Powell’s warnings that Trump’s import taxes are likely to drive prices and slow down the economy.

Trump called the public last week that Powell was fired, writing on the social media on Thursday: “Powell’s break can’t come fast enough.”

Such a move would be controversial – and legally asked – given the tradition of independence in the bank.

Powell last year, they told reporters that he did not believe that the president had the legal authority to remove him.

But one of the Trump’s best economic advisers confirmed that the officials on Friday study the option, when the Stock Exchange is closed for trading.