U.S. President Donald Trump on Friday renewed his public attacks on Federal Reserve Chair Jerome Powell, saying in a Truth Social post that Powell is "a disaster" and that the central bank is acting "too little, too late." Trump urged the Fed to "DROP THE RATE," intensifying pressure on policymakers to cut interest rates despite still-elevated inflation. Trump added that the administration’s 145% tariff on Chinese imports is "bringing billions of dollars into the USA," framing the levies as an offset to what he views as overly tight monetary policy. The remarks come hours after the release of July employment figures and ahead of the Fed’s next policy meeting later this month.