Trump again says Fed should lower interest rates after better-than-expected jobs report
President Donald Trump called on the Federal Reserve to lower interest rates, saying consumers "have been waiting for years to see pricing come down."
President Donald Trump on Friday once again called on the Federal Reserve to lower interest rates.
Trump cited lower gasoline and grocery prices and strong employment numbers. His comments came after the Labor Department released April jobs data that showed the U.S. economy added a better-than-expected 177,000 jobs in the month.
"Gasoline just broke $1.98 a Gallon, lowest in years, groceries (and eggs!) down, energy down, mortgage rates down, employment strong, and much more good news, as Billions of Dollars pour in from Tariffs. Just like I said, and we’re only in a TRANSITION STAGE, just getting started!!! Consumers have been waiting for years to see pricing come down. NO INFLATION, THE FED SHOULD LOWER ITS RATE!!! DJT"
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