What’s behind Trump’s call for ‘a full point’ interest-rate cut?

President Donald Trump on Friday pressed Federal Reserve Chair Jerome Powell for a full-point interest-rate cut, saying the central bank’s monetary policy was a “disaster.”

Jun 6, 2025 - 17:44
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What’s behind Trump’s call for ‘a full point’ interest-rate cut?
President Donald Trump on Friday pressed Federal Reserve Chair Jerome Powell for a full-point interest-rate cut, saying the central bank’s monetary policy was a “disaster.”