US Federal Central Bank President Jerome Powell called again today (4.6.2025) Donald Trump for the reduction of interest rateswith the US president noting that the ADP payroll processing company reported a slowdown in the pace of new jobs for May.
“ADP number is available. The “very late” Jerome Powell must now reduce the interest rate. It is incredible. Europe has reduced the interest rate nine times, “Trump said in a post on the Truth Social network.
Trump has been accusing the Fed for months, and especially Powell of keeping interest rates at a very high level.
He regularly launches verbal attacks on the head of the Fed and has even said that he wants to see him leave the Federal Bank, but does not intend to try to dismiss him.