📉 Trump continues to exert pressure: “Powell must lower interest rates immediately!”
On the evening of June 4, 2025, former U.S. President Donald J. Trump spoke out on the social media platform Truth Social after the ADP employment data for May showed an increase of only 37,000, the lowest level since March 2023 and far below the forecast of 114,000.
"ADP NUMBER OUT!!! 'Too Late' Powell must now LOWER THE RATE. He is unbelievable!!! Europe has lowered NINE TIMES!" – Trump wrote.
The post, published at 7:21 PM (ET), quickly went viral, garnering over 1,300 likes within just a few hours.
📊 Concerning data & pressure on the Fed
ADP (Automatic Data Processing) is an index that tracks private sector employment in the U.S.
The figure of 37,000 reflects a significant slowdown in the U.S. labor market in May.
Meanwhile, Europe has cut interest rates nine times, increasing pressure on Fed Chair Jerome Powell.
🔍 Market outlook
Trump's statement raises expectations for the Fed to soon pivot its policy.
However, inflation in the U.S. has yet to reach the 2% target, so the Fed may remain cautious before taking action.
Market sentiment will closely follow other important data such as CPI and the FOMC meeting in mid-June.
⚠️ This article is for informational purposes only and is not an investment recommendation. All trading decisions should be based on personal analysis, and users bear their own responsibility.