'No inflation, Fed should...': Trump says US economy is in 'transition stage', boasts 'strong' job numbers
- Posted on May 2, 2025
- By Business News Today
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'No inflation, Fed should...': Trump says US economy is in 'transition stage', boasts 'strong' job numbers

The US economy added 177,000 jobs last month, down slightly from a revised 185,000 in March. Shortly after the figures were released, Trump took to Truth Social to boast of 'strong' employment figures, claiming that there is 'no inflation'. He said the US economy is in a 'transition stage' and was again outspoken in his calls for the Federal Reserve to lower interest rates.