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Fed chair Powell should make big rate cut now, says Donald Trump

"Just out: No Inflation!!! Too Late must lower the RATE, BIG, right now. Powell is a total disaster, who doesn't have a clue!!!," Trump said in a post on Truth Social

The post follows federal government data that showed U.S. producer prices slipped in August. | Image: Bloomberg

1 min read Last Updated : Sep 10 2025 | 7:05 PM IST

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U.S. President Donald Trump on Wednesday reiterated his call for Federal Reserve Chairman Jerome Powell to cut benchmark interest rates.

"Just out: No Inflation!!! Too Late must lower the RATE, BIG, right now. Powell is a total disaster, who doesn't have a clue!!!," Trump said in a post on Truth Social. The post follows federal government data that showed U.S. producer prices slipped in August.