U.S. President Donald Trump gave fresh criticism of Federal Reserve Chair Jerome Powell over interest rates, accusing him of costing the U.S. "a fortune" and demanding a "full point" reduction. The president had earlier declared that "America is hot" ahead of federal employment data showing the U.

The president shifts blame for slow trade talks and economic warning signs while former top ally Elon Musk trashes his signature agenda bill.

Tensions between President Donald Trump and Federal Reserve Chairman Jerome Powell have escalated, with Trump intensifying public demands for interest rate cuts amid economic uncertainty.

President Donald Trump urged the Federal Reserve to cut rates by a full percentage point, intensifying his pressure campaign against Chair Jerome Powell.

The U.S. Federal Reserve should cut interest rates by a full percentage point, President Donald Trump said on Friday as he reiterated his view that Fed Chair Jerome Powell has been too slow to lower borrowing costs.