"I don't really - I am not happy about it", he said.
Trump told CNBC that he's "not thrilled" with Fed Chairman Jerome Powell, who he appointed, over the central bank's rate hikes. In emerging markets such as Turkey, the government of President Recep Tayyip Erdogan has felt no such restraint.
"And it is worth pondering whether this is a President who is going to break with 25-30 years of tradition in not interfering in Fed policy deliberations going forward". Then, his complaint was that interest rates were too low.
For years presidents have avoided commenting on the Fed, which markets broadly trust to act in service of its dual objective - maintaining maximum inflation and stable prices - rather than a political aim.
"I don't necessarily agree with it, because he's raising interest rates ..." Fed officials have penciled in two more hikes this year.
Fed spokeswoman Michelle Smith declined to comment. Powell last week told American Public Media's "Marketplace" program that the Fed has "a long tradition here of conducting policy in a particular way, and that way is independent of all political concerns".
Transfer: Chelsea agree to sell Hazard to Real Madrid for £170m
ESPN correspondent Liam Twomey asked a further question comparing Hazard with Dries Mertens, who developed under Sarri at Napoli. The same article states that los Blancos are set to come in with an improved offer for the 27-year-old Premier League star .
The U.S. dollar index cut its gains after Trump's comments that the strong dollar "puts us at a disadvantage", while yields on U.S. Treasury securities hit session lows.
The current target range for its policy benchmark is 1.75 percent and 2 percent.
In an apparent reference to Fed rate increases, Trump added, "Tightening now hurts all that we have done".
During the 2016 presidential campaign, Trump was highly critical of the Fed and accused its policymakers of keeping rates at ultra-low levels to favor Democrats. But the past three administrations under Bill Clinton, George W. Bush and Barack Obama have refrained from publicly commenting on policy decisions.
Mr Trump, in part of an interview aired by CNBC, broke with the long-established executive branch practice of not commenting on the Federal Reserve's decisions out of respect for its independence.
The White House later clarified Trump's statements.
- Trump wrongly says queen reviewed guard for 1st time in 70 years
- Historians say Trump upends norms of presidential behaviour
- Memphis man steals auto from date to go on another date
- Lewis Hamilton agrees new £80m two-year deal with Mercedes
- Submarine cables at risk from sea water, boffins warn. Wait, what?
- Aide To French President Emmanuel Macron Allegedly Beats Protester On Video
- Mr. Putin Goes To Washington
- Missouri mom accused of letting men rape her 2-year-old daughter
- Japan deal is hailed as boost for European Union agri-food sector
- U.S. crude rises 1%, on strong gasoline demand signals