US President Donald Trump renewed his attacks on the US central bank, hours after officials left interest rates unchanged despite his public calls for them to cut.
In a social media post, he accused the Federal Reserve and its chairman Jerome Powell of mishandling the economy, saying they had “failed to stop the problem they created with Inflation”.
The Fed left key interest rate unchanged at its January meeting on Wednesday, in a range of 4.25% to 4.5%, hitting pause after a string of cuts late last year.
Powell said the bank was not “in a hurry” to cut more, given significant uncertainty about where the economy might be headed.