Federal Reserve Chair Jerome Powell had plenty of opportunities Tuesday to tell lawmakers definitively the central bank will cut interest rates soon. He didn’t take any of them. Instead, Powell reiterated his view that policymakers need not rush to adjust policy,

The decision to hold off on rate cuts earned Powell the ire of President Donald Trump. Since retaking office, Trump often demanded Powell lower interest rates. In a social media post on Tuesday, ahead of Powell’s congressional testimony, Trump said he believed interest rates should be “two to three points lower” than their current levels.

Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national debt. Yet the Fed has long resisted considering the government’s financing costs when making interest rate decisions, preferring instead to focus on the health of the economy and inflation.