President Donald Trump (R) was inaugurated for his second term as the 47th president of the United States on January 20, 2025. He serves with Vice President J.D. Vance (R), a former senator from Ohio.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

Until then, Trump’s comments Thursday suggest he expects to regularly second-guess the Fed in public, despite a decades-long ...