The value of the US dollar sank to the lowest point in three years Monday after Donald Trump We went to the offensive again, this time aiming a chair of the Federal Reserve.
In the post on the truth, the Social President claimed that the US economy would slow down unless Jerome Powellwho called the “big loser,” lowered Interest rates immediately. He previously called on lower rates and suggested that Powell should be fired.
The Ice US Dollar Index, which measures a dollar against several other foreign currencies, has fallen to 97.92, in time to apply markets closed on Monday – the lowest level for the 2022 index. Years.
The dollar significantly fell from the Trump inauguration in January and seems to have encouraged his threats to caring tariffs, announced on his so-called “day of liberation.”
Global markets re-answered the latest beef Trump with the Federal Reserve, with Dow Jones Industrial Prosec Lowering by 1,221 points below (3.1 percent). The S & P 500 dropped 3.3 percent, ai Nasdaq composite lost 3.6 percent.
Otherwise, the Tech firms pushed the main indices further. Stocks in Tesla and Nvidia lost 7 percent, ie 6 six percent, ie the Amazon and the Meta platforms lost 4 percent.
“” Preventive cuts “in interest rates are called many,” Trump is called on the truth of the social. “With energy costs down, food prices (including bajna egg disaster!) Significantly lower, and most other” things “down, practically no inflation.
“With these costs, the trend is so nice down, just what I predicted to do, there is almost no inflation, but there may be a slowdown in the economy, unless the latest, main loser, now lower interest rates.
“Europe has already” descended “seven times. Powell was always” until late “, except when he came to the polling period when he could be chosen for dormant Joe Biden, later Kamal, chosen.”
The latest Tirada president comes as investors continue to speculate on the fall from their heading plans. From 2. April, when Trump announced his intentions, Dow Jones fell 9 percent, the S & P 500 is about 8 percent, and Nasdaq lost almost 10 percent.
Bloomberg reported that Trump planned to meet with the leaders from Walmart, goal, home warehouse and Lowe, because concerns about his tariffs continue the main American traders.
Presidential basic tariffs of 10 percent and imports of 145 percent in Chinese goods have created broader concerns due to greater inflation and economic slowdown, as well as insecurities and increased fears from recession.