Trump Says Economy Is Booming, Slams Fed for Not Cutting Rates

Key points· Video

• 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.