Trump presses Powell for a full-point interest rate cut despite strong jobs report

cnbc.com/2025/06/06/trump-powell-fed-rates.html

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 lower rates in order to…

This story appeared on cnbc.com, 2025-06-06 14:48:04.423000.
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