New Delhi, April 4 -- US President Donald Trump on Friday called for Federal Reserve Chairperson Jerome Powell to go for interest rate cuts, citing lower energy prices, interest rates and inflation among others.

His comments come at a time when US markets are facing a bloodbath after his sweeping tariff announcement that he said was for the benefit of America and Americans. Donald Trump has been persistently calling for a Fed rate cut from Powell, his handpicked central bank leader with whom he had a falling out.

"This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always 'late,' but he could now change his image, and quickly," Donald Trump said in a post on Truth Social, a platform owned by him.

Tr...