President Donald Trump on Wednesday renewed his attacks on the Federal Reserve, saying the central bank shouldn't let positive economic news stop it from lowering interest rates.
Trump added that Chairman Kevin Warsh is doing a "great job," while also complaining about other countries having much lower policy rates than the U.S.
He emphasized that Warsh, who began his role earlier this year, should be more proactive in reducing rates.
"The problem is he has a board, and it's a political board," Trump told reporters.
The Fed hasn't voted to raise its benchmark interest rate in more than three years, but Trump insists that faster cuts are needed to keep the economy growing.
"Years ago, when the country announced good numbers, interest rates went down because we had a stronger country," Trump said.
He also pointed out that the U.S. should be compared to other countries, like Switzerland, where interest rates are very low.
At the same time, the Treasury Department announced it was stepping up its bond buyback program.
