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Trump lauds ‘low’ US inflation, urges Fed to cut rates ‘meaningfully’

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President Donald Trump touted “low” US inflation numbers Tuesday, taking aim at the central bank chief for being “too late” to slash interest rates and urging further rate cuts to boost the economy.

“Great (LOW!) Inflation numbers for the USA. That means that Jerome ‘Too Late’ Powell should cut interest rates, MEANINGFULLY!!!” the US leader wrote in a post on his Truth Social platform.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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