US President Donald Trump visited the Federal Reserve headquarters in Washington on Thursday, calling for lower interest rates to ease housing costs and support economic growth, Xinhua reported.

Speaking to reporters after his meeting with Fed Chairman Jerome Powell, Trump said interest rates were too high, making home ownership difficult despite strong economic performance.

“We have no inflation and strong cash flow. We should have the lowest interest rates globally,” he said, expressing confidence that Powell would eventually take appropriate action, according to Xinhua.

Local media viewed the visit as part of the administration’s effort to increase pressure on the Fed to reduce borrowing costs.