Trump Says Economy Is Booming, Slams Fed for Not Cutting Rates
US President Donald Trump praised the latest jobs report, calling the figures “fantastic” and far better than expected. Speaking to reporters, he argued that strong economic growth should lead to higher market performance and renewed calls for interest rate cuts from the Federal Reserve.Trump suggested that lowering rates could save hundreds of billions of dollars in national costs, while emphasizing continued economic expansion, including growth in manufacturing and auto production.
He also addressed Federal Reserve policy, AI industry investment, and US government stakes in major tech companies such as Intel. Additionally, he commented on NBA Finals Game 1 and the performance of the New York Knicks.
The remarks come amid ongoing debate over inflation, monetary policy, and the direction of the US economy.
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