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Trump pushes US Federal Reserve for rate cuts, criticises Powell Trump also criticised the head of the central bank, Jerome Powell.
Reuters
Last Updated IST
<div class="paragraphs"><p>US President Donald Trump</p></div>

US President Donald Trump

Credit: Reuters Photo

Washington: President Donald Trump on Saturday said in a social media post the US Federal Reserve should cut rates "sooner, rather than later."

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Trump also criticised the head of the central bank, Jerome Powell.

"THE CONSENSUS OF ALMOST EVERYBODY IS THAT, 'THE FED SHOULD CUT RATES SOONER, RATHER THAN LATER,'" Trump said in the post.

"Too Late Powell, a man legendary for being Too Late, will probably blow it again - But who knows???" Trump added.

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(Published 17 May 2025, 22:20 IST)