What did Donald Trump claim about the economy on 6 Jun 2025?
Donald Trump, President of the United States ·
“Too Late” at the Fed is a disaster! Europe has had 10 rate cuts, we have had none.
Not 10. The European Central Bank's records list eight rate cuts from June 2024 through June 2025, including one that took effect days after he spoke, and none other since 2019.
The European Central Bank's table of key interest rates lists deposit-rate reductions taking effect on June 12, September 18, October 23 and December 18, 2024, and on February 5, March 12, April 23 and June 11, 2025, and no other reduction since 2019 (European Central Bank, key ECB interest rates).
Claim vs. the record · Economy
Added · Updated
The claim
- Date
- Where
- Post on Truth Social (@realDonaldTrump), attacking Federal Reserve Chair Jerome Powell.
The record
Primary source (agency data)