
Rate rage returns: Trump demands ‘a full point’ rate cut from Fed, Wall Street cheers as jobs data signals resilience
US President Donald Trump launched a sharp attack on Federal Reserve Chair Jerome Powell on Friday, calling him “a disaster” and demanding an immediate one percentage point rate cut to slash borrowing costs. His outburst came as Wall Street rallied on stronger-than-expected jobs data, with investors weighing the Fed’s next move amid rising political pressure…