President Donald Trump on Friday pressed Federal Reserve Chair Jerome Powell for a full-point interest-rate cut, saying the central bank’s monetary policy was a “disaster.”

An increase in the number of U.S. jobs that was higher than expected makes it unlikely that the Federal Reserve will cut interest rates soon.

President Trump upped the ante on the Federal Reserve hours after the latest jobs report, angrily demanding Fed Chair Jerome H. Powell slash the federal interest rate to create greater demand for consumer loans and better terms for business investment.