Diamond Member Pelican Press 0 Posted June 4, 2025 Diamond Member Share Posted June 4, 2025 This is the hidden content, please Sign In or Sign Up Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters President Donald Trump on Wednesday angrily urged Federal Reserve Chairman Jerome Powell to cut interest rates, minutes after the payroll firm ADP reported its lowest private-sector jobs number in years. “ADP NUMBER OUT!!! ‘Too Late’ Powell must now LOWER THE RATE,” Trump wrote on This is the hidden content, please Sign In or Sign Up . “He is unbelievable!!!” the president said of the central bank chairman, whom he has frequently pressured to shave rates in hopes of spurring economic growth. Trump added: “Europe has lowered NINE TIMES!” ADP’s report showed private payrolls ticked up by just 37,000 in May, far below the Dow Jones forecast for 110,000. The count was the lowest monthly reading from ADP since March 2023. The weak result came two days before the Bureau of Labor Statistics releases its own monthly U.S. nonfarm payrolls report, which is much more closely watched than ADP’s figure. Economists polled by Dow Jones expect the upcoming report to show an increase 125,000 jobs for May. This is breaking news. Please refresh for updates. This is the hidden content, please Sign In or Sign Up #Trump #Late #Powell #interest #rates #weak #ADP #jobs #report This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/268431-trump-says-%E2%80%98too-late%E2%80%99-powell-must-lower-interest-rates-after-weak-adp-jobs-report/ Share on other sites More sharing options...
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