(Reuters) -The U.S. Federal Reserve should cut interest rates by a full percentage point, President Donald Trump said on Friday as he reiterated his view that Fed Chair Jerome Powell has been too slow to lower borrowing costs.

“Europe has had 10 rate cuts, we have had none. Despite (Powell), our Country is doing great. Go for a full point,” Trump wrote in a social media post. Central banks typically limit rate moves to quarter point changes outside of crises.

The Fed last September did reduce rates by a half of a percentage point, after a faster-than-expected decline in inflation and a marked slowdown in the labor market. By the end of 2024 it had delivered two additional quarter-point rate cuts, and has held the policy rate steady since then, citing uncertainty over tariff policy and in

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