(Reuters) -President Donald Trump on Friday said the U.S. economy is in a transition stage, citing strong employment and his tariff plan while reiterating his call for the U.S. Federal Reserve to lower its interest rate. “We’re only in a transition stage, just getting started!” he said in a Truth Social post. The post followed […]
U.S.
Trump says US economy in “transition,” urges Fed to cut rates
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(Reuters) -President Donald Trump on Friday said the U.S. economy is in a transition stage, citing strong employment and his tariff plan while reiterating his call for the U.S. Federal Reserve to lower its interest rate.
“We’re only in a transition stage, just getting started!” he said in a Truth Social post. The post followed the release of U.S. data that showed job growth slowed marginally for April.
(Reporting by Brendan O’Brien; editing by Susan Heavey)