New Delhi, Dec. 11 -- As the Jerome Powell-led Federal Reserve cut rates by 25 basis points on Wednesday, US President Donald Trump signalled his displeasure, saying that a 50-basis-point cut would have been more appropriate.

Speaking to reporters after Powell's speech, Trump said that the 25 bps cut was "rather small" and asserted that it "could have been doubled, at least doubled".

The US president also said that the rates set by the Fed should "be the lowest in the world".

Trump's comments came after Fed Chair Powell announced a quarter-point cut to bring rates to between 3.50% and 3.75%, the lowest in three years.

After announcing the cut, Powell signalled that the Fed would assess economic data before deciding whether to hold or ...