U.S. President Donald Trump participates in a roundtable discussion with business leaders at the White House in Washington, D.C., U.S., Dec. 10, 2025.
Jonathan Ernst | Reuters
President Donald Trump on Wednesday said the Federal Reserve‘s latest decision to cut benchmark interest rates by a quarter percentage point could have been “at least doubled.”
Trump, who has long urged the central bank to slash rates in order to spur further economic growth, called Fed Chair Jerome Powell “a stiff” who approved a “rather small” cut.
The president’s comments during a roundtable meeting with CEOs at the White House came shortly after the Fed announced the 25-basis-point cut, its third of the year.
The decision was the middle-ground choice among a divided Fed: Two of the members preferred not to change rates, while Stephen Miran, a Trump administration economic official, favored a larger cut.
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