作为总统,美国股市周一收盘大幅走低唐纳德·特朗普他对美联储的批评升级,敦促央行立即降低利率并质疑美联储主席杰罗姆·鲍威尔的政策方针。
特朗普发表上述言论几天后说他渴望鲍威尔的“终结”,尽管中央银行的政治独立是一个长期的规范。
道琼斯工业平均指数收盘下跌971点,跌幅2.4%,而标准普尔500指数收盘下跌2.5%标准普尔500指数下跌2.3%。以科技股为主的纳斯达克指数下跌2.5%。
金价周一攀升至每盎司逾3400美元的创纪录高位,延续了近几周的涨幅,因投资者寻求被视为避风港的投资。
然而,新一轮抛售冲击了美国债券市场,引发了一些投资者对这种通常被视为最可靠投资之一的投资持续波动的担忧。10年期美国国债收益率仍低于特朗普宣布“解放日”关税后达到的高点,但远高于4月初的水平。
上周,鲍威尔有声的对特朗普的关税政策感到担忧,称这可能会加剧通货膨胀,减缓经济增长。鲍威尔表示,随着政策制定者观察特朗普关税的经济影响,美联储可能会有所克制地接近利率。
在周一的一篇社交媒体帖子中,特朗普称鲍威尔为“太迟先生”,指的是特朗普认为过于谨慎的政策方针。
特朗普警告说,经济放缓的可能性“除非大输家太迟先生现在降低利率。”
此外,川普在没有证据的情况下声称,美联储去年实施的降息是为了“帮助昏昏欲睡的乔·拜登,即后来的卡玛拉当选”
自鲍威尔2018年担任美联储主席以来,他一再肯定美联储的政治独立性。美联储是由国会设立的独立政府机构。
11月,特朗普赢得大选几天后,鲍威尔打当被问及如果特朗普要求他辞职,他是否会辞职时,他的语气充满挑衅。
“不,”鲍威尔说,他停顿了一下,让聚集在离白宫几个街区之外的美联储总部新闻发布会上的记者们记住这个一个词的答案。
当被问及特朗普是否可以解雇或降级他时,鲍威尔回答说:“法律不允许。”
鲍威尔上周提出了经济学家所谓的“滞胀”的可能性,即通货膨胀上升,经济放缓。
专家表示,如果美联储在这种情况下加息,作为防范关税引发的通胀的一种手段,它可能会抑制借贷,进一步放缓经济先前告知ABC新闻。
另一方面,专家表示,如果美联储在面临潜在放缓的情况下降低利率来刺激经济,可能会刺激支出并加剧通胀。
Dow closes down 970 points after Trump criticism of Powell rattles investors
U.S. stocks closed significantly lower on Monday as PresidentDonald Trumpescalated his criticism of the Federal Reserve, urging the central bank to immediately lowerinterest ratesand questioning the policy approach of Fed Chair Jerome Powell.
The comments came days after Trumpsaidhe was eager for Powell’s "termination" despite a longstanding norm of political independence at the central bank.
The Dow Jones Industrial Average closed down 971 points, or 2.4%, while the S&P 500 fell 2.3%. The tech-heavy Nasdaq declined 2.5%.
The price of gold climbed to a record high of more than $3,400 per ounce on Monday, extending gains achieved in recent weeks as investors have sought out investments perceived as safe havens.
A renewed selloff hit the U.S. bond market, however, triggering concern among some investors about continued volatility in an investment typically thought of as one of the most reliable. The yield on 10-year Treasury bonds remains below a high attained in the aftermath of Trump's "Liberation Day" tariff announcement, but it stands well above its level at the outset of April.
Last week, Powellvoicedalarm about Trump’s tariff policy, saying it would likely hike inflation and slow economic growth. Powell indicated that the Fed may approach interest rates with restraint as policymakers observe the economic effects of Trump's tariffs.
In a social media post on Monday, Trump dubbed Powell "Mr. Too Late" in reference to a policy approach that Trump views as overly cautious.
Trump warned of the possibility of an economic slowdown "unless Mr. Too Late, a major loser, lowers interest rates, NOW."
In addition, Trump claimed without evidence that interest rate cuts enacted by the Fed last year had stemmed from an effort to "help Sleepy Joe Biden, later Kamala, get elected."
Since Powell became Fed chair in 2018, he has repeatedly affirmed the Fed's political independence. The Fed is an independent government agency established by Congress.
In November, days after Trump’s election victory, Powellstrucka defiant tone when asked whether he would resign from his position if Trump asked him to.
"No," Powell said, pausing to let the one-word answer register with the reporters assembled at a press conference at the Fed headquarters, blocks away from the White House.
When asked whether Trump could fire or demote him, Powell responded: "Not permitted under the law."
Powell last week raised the possibility of what economists call "stagflation," which is when inflation rises and the economy slows.
If the Fed raises interest rates as a means of protecting against tariff-induced inflation under such a scenario, it risks stifling borrowing and slowing the economy further, expertspreviously toldABC News.
On the other hand, experts said, if the Fed lowers rates to stimulate the economy in the face of a potential slowdown, it threatens to boost spending and worsen inflation.