“Unfortunately, they just raised interest rates,” said Trump. “I am not happy about that.”

The president did, however, say the Fed’s move was justified as a result of the strength seen in the economy, but also said, “but basically I am a low-interest-rate person.”

In an interview with CNBC earlier this year, Trump already took a shot at the Fed, saying he’s “not happy” about the Federal Reserve’s latest monetary policy moves to raise interest rates. In typical Trump fashion, the president took to social media to say that the U.S. “should not be penalized because we are doing so well.”

Meanwhile, if a rising chorus of concerns starts to make itself heard regarding higher interest rates, this could give the Fed pause in instituting more rate hikes.

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