In a pair of tweets, Trump said "China, the European Union and others have been manipulating their currencies. while the United States is raising rates while the dollar gets stronger and stronger with each passing day".
"I'm ready to go to 500", he told the CNBC network in an exclusive interview. "I couldn't care less what they say, because my views haven't changed".
"We're down a tremendous amount", Trump said in the interview, which was recorded on Thursday, about trade imbalances with China.
Meanwhile, latest remarks from the Fed Chair Jerome Powell had hinted that the Fed would continue to raise interest rates later this year.
President Trump departs after speaking at a "Pledge to America's Workers" event in the East Room of the White House on Thursday. "We're in a world of firsts and tweeting about the Fed, not once, but twice, doubling down, that the president is trying to exert pressure, " said Kim Forrest, senior portfolio manager at Fort Pitt Capital Group LLC in Pittsburgh. Powell told lawmakers that "for now - the best way forward is to keep gradually raising the federal funds rate".
In December 1965, Lyndon Johnson famously summoned Fed Chairman William McChesney Martin to his ranch in Stonewall, Texas, to confront him over Martin's decision to lift rates.
This was not the first time Trump departed from a long-standing practice by USA presidents of respecting the Federal Reserve's independence by refraining from commenting on interest rates or the value of the US dollar, a custom he dismissed on Thursday.
Bloomberg's headline says Trump "trespass [ed] on Fed's independence". "I'm doing this to do the right thing for our country", Trump said in a CNBC interview aired Friday. "So somebody would say, 'Oh, maybe you shouldn't say that as president".
Pelosi to Ryan: Putin should not address Congress
When pressed by Alexander, she said she agreed with the intelligence community's assessment "full stop". The idea landed with a thud among officials back in the U.S.
Trump added, referring to the Fed's rate increases: "The United States should not be penalized because we are doing so well".
Trump also showed displeasure about the Fed´s monetary tightening, saying that he was anxious about its potential impact on the USA economy and American competitiveness.
The White House later clarified Trump's statements.
Trump said he is "not thrilled" about the Fed's recent interest rate hikes.
The Fed's Board of Governors declined to comment.
Treasury Secretary Steven Mnuchin heads to Buenos Aires Friday for two days of talks with G-20 counterparts where he will likely face questions about the U.S.'s dollar policy and whether he sees the Fed as independent.
Much in the way that people were displeased when he seemed to kowtow to the tyrant running Russian Federation earlier in the week, people were again irked that Trump was attempting to influence the decision making at America's independent central bank.