#Trump's Strong Message to #Fed: "Cut Rates by a Full Point"

U.S. President Donald Trump criticized Fed Chair Jerome Powell with the nickname "Too Late" and called for a "full point" reduction in interest rates. Trump emphasized that the European Central Bank has cut rates 10 times in the past year, criticizing the Fed's inaction.

Describing Powell as "a disaster," Trump argued that a rate cut would have a "rocket fuel" effect on the economy.

However, he stated that he is not considering removing Powell and noted that his term would end in May 2026.