Trump says Fed's Powell must lower interest rate - Truth Social post

Reuters06-04

June 4 (Reuters) - United States President Donald Trump on Wednesday called for Federal Reserve Chair Jerome Powell to lower interest rates, noting that payroll processing firm ADP reported that job creation slowed in May.

"ADP number out. 'Too Late' Powell must now lower the rate. He is unbelievable. Europe has lowered nine times," Trump said in a Truth Social post.

(Reporting by Brendan O'Brien and Katharine Jackson; Editing by Doina Chiacu)

((brendan.obrien@thomsonreuters.com;))

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