Trump says Fed could have 'at least doubled' latest interest rate cut

Core Viewpoint - President Trump criticized the Federal Reserve's recent interest rate cut, suggesting it could have been more substantial to better support economic growth [1][2]. Group 1: Federal Reserve's Decision - The Federal Reserve cut benchmark interest rates by 25 basis points, marking its third cut of the year [2]. - The decision reflected a divided opinion within the Fed, with two members preferring no change and one member advocating for a larger cut [2]. Group 2: Economic Context - Fed Chair Jerome Powell described the rate cut as a "close call," indicating a cautious approach to future economic developments [3]. - Powell attributed the current inflation levels to President Trump's tariffs, noting that inflation for goods has increased due to these tariffs [3].