Trump’s blasting of the Federal Reserve and Jerome Powell came just hours after the announcement that interest rates would stand at 4.25% to 4.5%.

The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has consistently criticized the Fed for not being aggressive enough in rate cuts.

The US Fed held rates steady, reaffirming its independence despite President Donald Trump’s demands for cuts. Fed Chair Jerome Powell dismissed political pressure, while Trump accused the Fed of failing to control inflation.

Fed Chair Jerome Powell pointed to solid economic growth, a stable job market, and inflation that's easing but still a little high. Meanwhile, President Donald Trump isn't happy. He's been pushing for deeper rate cuts and wasted no time criticizing the Fed's decision, arguing it's not doing enough to fuel growth.

Donald Trump said Sunday the Federal Reserve was right to keep interest rates unchanged, a new comment that comes as Fed watchers gauge the effect the president's new tariff plans will have on monetary policy.

President Donald Trump commended the Federal Reserve for its decision last week to leave interest rates unchanged. "Holding the rates at this point was the right thing to do," he told reporters. President Donald Trump approved the Federal Reserve for its decision last week to leave interest rates unchanged,

The president previously said he would demand immediate rate cuts but now says holding them steady was the right thing to do.

President Donald Trump stunned reporters on Sunday night when he praised the Federal Reserve’s decision to hit pause on its rate cuts. “I’m not surprised,” he said as he arrived in Washington aboard Air Force One.