US President Donald Trump during a meeting with Chancellor of Germany Friedrich Merz in the Oval Office of the White House on Thursday June 5, 2025.
Demetrius Freeman | The Washington Post | Getty Images
President Donald Trump on Friday urged Federal Reserve Chairman Jerome Powell to slash interest rates by a full percentage point, despite a better-than-expected result from the Labor Department’s latest jobs report.
Trump, who has regularly badgered Powell to cut rates in order to boost the economy, argued for a full-point cut even as he maintained that the country is “doing great.”
“Go for a full point, Rocket Fuel!” Trump wrote on Truth Social.
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