Trump says the Fed should not raise interest rates after May's 172,000 jobs beat. Markets sold off on rate hike fears ahead of the June FOMC meeting.

"...that's the way it was for 200 years..."

President Donald Trump said that Friday’s jobs report should result in additional market growth, a line he has consistently pushed during his 17 months back in office.

May 2026 jobs report crushed estimates with 172,000 new payrolls, pushing Fed rate hike odds to 70% and sending the Nasdaq down 4% as crypto faces

Trump pushed back when asked about economists’ warnings that the Federal Reserve may have to raise rates following the most recent U.S. jobs report.

“With a great Jobs Report, like just announced, stocks should go up, not down," Trump posted. "That's the way it was for 200 years. Growth does not mean inflation!”

“I’m living with Kevin. I have a lot of respect for him, but my feeling is that when a country is doing well, they shouldn’t be penalized by immediately raising interest rates.”

President Trump said in an interview broadcast on Sunday that there is "no reason" for the Federal Reserve to raise interest rates.

A surprising jump in the latest jobs figures is good news for America but spells doom for one of Donald Trump’s biggest wishes.

Trump says the Fed should not raise interest rates after May's 172,000 jobs beat. Markets sold off on rate hike fears ahead of the June FOMC meeting.