{"id":7463,"date":"2025-04-21T22:26:42","date_gmt":"2025-04-21T22:26:42","guid":{"rendered":"https:\/\/firearmman.com\/?p=7463"},"modified":"2025-04-21T22:26:44","modified_gmt":"2025-04-21T22:26:44","slug":"trump-tariffs-live-updates-stocks-fall-as-trump-calls-fed-chair-to-lower-rates-now","status":"publish","type":"post","link":"https:\/\/firearmman.com\/?p=7463","title":{"rendered":"Trump tariffs live updates: Stocks fall as Trump calls Fed chair to lower rates &#8216;now&#8217;"},"content":{"rendered":"<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">Stocks were already headed for a lower open on Monday, but lost more ground following President Donald Trump&#8217;s post on Truth Social criticizing Fed Chair Jerome Powell.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Dow is down more than 800 points. The S<!-- -->&amp;P is down more than 2% and the NASDAQ is down nearly 3%.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Stocks are lower, but the price of treasuries and value of the dollar, which normally rise in times of market turmoil, are also lower.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;&#8216;Preemptive Cuts'&#8221; in Interest Rates are being called for by many,&#8221; Trump wrote Monday. &#8220;With Energy Costs way down, food prices (including Biden&#8217;s egg disaster!) substantially lower, and most other &#8216;things&#8217; trending down, there is virtually No Inflation.&#8221;<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur gIjeL \" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/edc5dc29-0b49-4210-b6d7-b0252ee37aaf\/jerome-powell-1-gty-gmh-250417_1744898516683_hpMain.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/edc5dc29-0b49-4210-b6d7-b0252ee37aaf\/jerome-powell-1-gty-gmh-250417_1744898516683_hpMain.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/edc5dc29-0b49-4210-b6d7-b0252ee37aaf\/jerome-powell-1-gty-gmh-250417_1744898516683_hpMain.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/edc5dc29-0b49-4210-b6d7-b0252ee37aaf\/jerome-powell-1-gty-gmh-250417_1744898516683_hpMain.jpg?w=1500 2x\"\/><\/picture><\/div>\n<\/div><figcaption>\n<div class=\"nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur \" data-testid=\"prism-caption\">\n<p><span class=\"hsDdd OOSI GpQCA lZur VlFaz \" data-testid=\"prism-truncate\"><span><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ \">Federal Reserve Chair Jerome Powell departs after speaking to the Economic Club of Chicago, April 16, 2025.<\/span><\/span><\/span><\/p>\n<p><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh \">Vincent Alban\/Getty Images<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW,&#8221; Trump continued. &#8220;Europe has already &#8220;lowered&#8221; seven times. Powell has always been &#8216;To Late.'&#8221;<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">&#8211;ABC News&#8217; Zunaira Zaki<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks were already headed for a lower open on Monday, but lost more ground following President Donald Trump&#8217;s post on Truth Social criticizing Fed Chair Jerome Powell. The Dow is down more than 800 points. The S&amp;P is down more than 2% and the NASDAQ is down nearly 3%. Stocks are lower, but the price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-7463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-news"],"_links":{"self":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/7463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7463"}],"version-history":[{"count":1,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/7463\/revisions"}],"predecessor-version":[{"id":7465,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/7463\/revisions\/7465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/media\/7464"}],"wp:attachment":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}