WASHINGTON, May 17 (Reuters) - President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than later."

Trump also criticized the head of the central bank, Jerome Powell.

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"THE CONSENSUS OF ALMOST EVERYBODY IS THAT, 'THE FED SHOULD CUT RATES SOONER, RATHER THAN LATER,'" Trump said in the post.

"Too Late Powell, a man legendary for being Too Late, will probably blow it again - But who knows???" Trump added.

https://www.reuters.com/world/us/trump-pushes-us-federal-reserve-rate-cuts-2025-05-17/