Trump urges Fed's Powell to cut interest rates by full percentage point: 'Rocket Fuel!'
1. Trump calls for a 1% interest rate cut by the Fed. 2. U.S. added 139,000 jobs in May, exceeding economist estimates. 3. European Central Bank has cut rates eight times amid economic struggles. 4. Lower interest rates could reduce borrowing costs significantly for the U.S. 5. Market expects minimal chance of a rate cut after June Fed meeting.