Trump: ‘Too Late’ Powell Should ‘Go for a Full Point’ on Interest

President Donald Trump on Friday pushed the Federal Reserve to cut interest rates by a full point, pointing to Europe’s rate cuts and taking a swipe at Federal Reserve Chairman Jerome Powell.

“‘Too Late’ at the Fed is a disaster! Europe has had 10 rate cuts, we have had none. Despite him, our Country is doing great. Go for a full point, Rocket Fuel!” Trump posted on his Truth Social account.

Trump’s post follows a similar call on Wednesday when he pressed Powell to cut interest rates minutes after payroll company ADP reported having its lowest monthly private sector jobs numbers in several years, reports CNBC.

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