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Cut interest rates full point

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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#Cut #interest #rates #full #point

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