Trump Powell is attacking interest rates that feed

President Donald Trump Monday tought their pressure company Federal Reserve Chairman Jerom Powellcalling it “the main loser” and warning that US Economics Can slow down the speed if interest rates do not immediately decrease.

“Many interest rates require” preventive cuts “,” Trump wrote further The truth is social.

Trump claimed that the United States in the United States “practically no inflation” and that energy costs and “most” things are going on.

“With these costs so beautifully down, just what I predicted, what they would do, practically cannot be inflation, but there may be a slowdown in the economy, if Mr is too late, a large loser, reduces interest rates,” Trump wrote.

The last volley of Trump against Powell, whom he appointed during his first administration – came when the president and his team study whether they can legally dismiss the Central Bank leader before the expiration of May 2026.

Powell, on the contrary, stated that the president could not remove it by law.

Any Trump’s Fire attempt Krishna’s hem told CNBC on Monday.

“When you start raising questions about the independence of the federal reserve system, you raise the bar to make the federal reserve shrink. If you actually tried to delete the chairman of the federal reserve, I think you will see a serious reaction in markets with higher, dollars below,”Box for Squawk“

“I can’t believe that this is what the administration is trying to achieve,” Huh said.

The stock market, which already feels increased uncertainty and other problems related to the wide tariff plans of the Trump administration, sank on Monday morning. Industrial average Dow Jones scored 750 points, which is 2% drop, during the first hour of bidding, while NASDAQ fell by 2.6%.

Meanwhile the American dollar fell to the lowest level Since 2022. goldreached a record high price on Monday while the benchmark 10-year-old treasury exposed.

Last week, Trump’s latest attacks on Powell followed the proposal of the Central Bank’s leader that the president’s trade war holds back growth and could lead to inflation.

The tariffs “can” most likely give us away from their goals … Probably for the balance this year, “Powell said at the Chicago Economic Club.

Powell also stopped, which suggested that the reduction of the interest rate was on the horizon.

“At the moment, we can expect greater clarity before considering any adjustments to our political position,” he said.

. Alex Harring CNBC contributed to this report.