Trump Ratchets Up Pressure on Fed for Rate Cuts After May Job Numbers Disappoint
U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell and the central bank’s interest rate policy on Truth Social today, June 4, 2025. His comments followed a sharply disappointing May ADP employment report, which revealed only 37,000 private-sector jobs were added, far short of the 110,000 economists had forecast. Trump directly blamed Powell for […]
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