U.S. President Donald Trump today intensified his criticism of Federal Reserve Chair Jerome Powell, accusing him of stifling American economic growth and costing the nation “a fortune” by maintaining current interest rates.

The President called for a substantial “full point” reduction in the benchmark rate, arguing that such a move would inject “Rocket Fuel” into an already robust economy.

President Trump’s remarks come as fresh federal employment data shows the U.S. added a higher-than-expected 139,000 jobs in May. Furthermore, inflation has continued its downward trend, reaching a near four-year low of 2.3 percent in April.

“America is hot,” the President declared earlier, highlighting what he sees as prime conditions for lower borrowing costs.

Taking to his Truth Social platform Fri

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