Trump: 'It's Too Late for Rate Cuts from the Fed'

U.S. President Donald Trump criticized Federal Reserve Chairman Jerome Powell, stating that it is 'too late' to leave open the possibility of interest rate cuts. 'We called him 'too slow' for a reason. He should have cut them a year ago,' Trump said.

Trump also announced that the U.S. government will acquire a 10% stake in Intel. The news led to Intel's stock rising by over 6%. A White House official stated that Intel's CEO has not reached a final agreement and discussions are ongoing.

Regarding Ukraine, Trump mentioned that he will have a clearer picture of the situation within two weeks and the possibility of imposing sanctions on Moscow. He noted that he is not satisfied with any aspect of the effort to find peace.

Finally, Trump stated that he plans to expand his anti-crime campaign, with the next stop being Chicago.