DANA PERINO (CO-HOST: That was Federal Reserve Chairman Jerome Powell yesterday announcing the decision to leave interest rates unchanged. That call coming after three consecutive rate cuts in the central bank's last three meetings, and amid tensions between Powell and President Trump. ...PERINO: President Trump didn't like this decision. He put this on Truth: "Jerome too late Powell again refused to cut interest rates, even though he has absolutely no reason to keep them so high. Because I think Powell here, this was no surprise that he didn't cut rates.