Stocks have headed to the lower Open on Monday, but the loss of more basis after the position of President Donald Trump about social truth criticizes Chairman Fed Jerome Powell.
Dow fell more than 800 points. S& P down more than 2% and Nasdaq dropped by almost 3%.
Stocks are lower, but the treasury price and dollar value, which usually rises when market turmoil, is also lower.
“‘Cutting Preemptive'” in interest rates called by many people, “Trump wrote on Monday.” With the cost of energy down, the price of food (including biden egg disasters!) Is much lower, and most of the ‘other things’ trends fall, almost no inflation. “
Chairman of Federal Reserve Jerome Powell departed after speaking with the Economic Club of Chicago, April 16, 2025.
Vincent Alban/Getty Image
“With these costs, the trend is very good downward, only what I predict they will do, almost no inflation, but there may be an economic slowdown except late, a big loser, lowering interest rates, now,” Trump continued. “Europe has been” revealed “seven times. Powell is always ‘late.'”
–ABC News’ Zunaira Zaki