Trump Hails CPI, Calls on Fed to Drop Rates 1 Full Point

President Donald Trump is hailing “great numbers” with the Consumer Price Index rising just 0.1%, but he is repeating his call for Federal Reserve Chair Jerome Powell to act more quickly on dropping the interest rates by “one full point.”

“CPI just out; great numbers!” Trump wrote Wednesday morning on Truth Social.

“Fed should lower one full point. Would pay much less interest on debt coming due. So important!!!”