PANews reported on April 21 that according to Jinshi, the U.S. stock market plummeted, and U.S. President Trump continued to criticize Powell on Monday, calling on the Fed chairman to cut interest rates. There are increasing signs that Trump's trade war is pushing the U.S. economy into recession. The dollar fell along with long-term U.S. Treasury bonds. Trump said on his social media site that he was in favor of "preemptive interest rate cuts" and willfully called the Fed chairman a "loser." Since last week, Trump has been "blasting" Powell one after another, which raises a question: Can the Fed remain independent and not be influenced by politics? This is about people's confidence in the U.S. financial market. Joe Saluzzi, co-manager of the institutional trading department, said, "The market does not want the independence of the Fed to be challenged. The market can at least try to predict what an independent Fed will do. If the independence of the Fed is challenged, more unstable (unpredictable) decisions may be made. The market does not like unpredictability."