President Donald Trump told "Too Late" Fed Chair Jerome Powell that even if inflation should flare up, he could just raise interest rates higher in response.

The U.S. Federal Reserve should cut interest rates by a full percentage point, President Donald Trump said on Friday as he reiterated his view that Fed Chair Jerome Powell has been too slow to lower borrowing costs.

The US president has continued his campaign of attacks against the Federal Reserve, insulting Jerome Powell and complaining about the lack of rate cuts.