The president turned a rare visit to the U.S. central bank into political theater that included hard hats and a back slap.

U.S. President Donald Trump said on Thursday he would not fire Federal Reserve Chair Jerome Powell, though he told reporters following a visit to the U.S. central bank's headquarters that he still wanted lower interest rates.

Donald Trump downplayed his clash with Federal Reserve Chairman Jerome Powell over cost overruns during a tour of the central bank’s renovation project on Thursday, making it clear that he saw the issue of lower interest rates as a more pressing concern.