President Trump mocks Fed Chairman Powell, calling him a ”major loser”

President Donald Trump, who has been attacking the chairman of the Federal Reserve Board (FRB), the central bank of the United States, every day, has now called Fed Chairman Jerome Powell a "major
On the 21st (local time), President Trump posted on his social media account "Truth Social" a message ridiculing "Mr. Too Late, Big Loser."
"If Chairman Powell doesn't lower interest rates soon, the U.S. economy could slow," he said, adding, "Europe has already cut interest rates seven times.
"But Chairman Powell is always too late," he said. He also dismissed concerns about inflation, saying, "Energy costs and food prices are falling," and added, "Inflation is virtually nonexistent."
"The firing of Chairman Powell could happen soon enough," Trump said last weekend, adding, "I'm not happy with him. I've let him know that and...
"If I want him out, he'll get out real fast." President Trump's attack on Chairman Powell began on the 16th when Chairman Powell was speaking at the Chicago Economic Times.
"We expect the tariffs to worsen inflation and slow economic growth," he said in a speech to the Fed's Finance Club, adding that "central banks are likely to face challenging scenarios."
With President Trump attacking Chairman Powell in this way, fears that the credibility of the United States will fall have triggered another "Sell America" surge, and all three major indexes on the New York Stock Exchange have fallen.
US assets fell sharply across the board, with the yen plunging more than 2% and the dollar hitting its lowest level in three years.