President Trump on Thursday visited the Federal Reserve headquarters alongside chair Jerome Powell to tour a major renovation taking place there, a project he and his administration have criticized as being over budget.

Powell has drawn Trump’s ire over the central bank’s decision to keep interest rates where they are, citing economic uncertainty. Trump’s visit to the facility included a rare public appearance of the president and Powell together, wearing white hard hats while they walked around the construction site.

Trump notably backed off the notion of firing Powell, whom he appointed in 2017, but kept up the pressure of wanting interest rates lower to make borrowing more affordable.

Here are five takeaways from the visit.

Trump backs off pressure on Powell

Trump has for months teased the possibility of firing Powell, which could run into a host of legal issues if he does so without cause. On Thursday, he backed off that notion significantly, saying there was “no pressure” on Powell to step down from his role before his term is up in May, arguing that he thinks the chair will lower interest rates eventually.

“No, there’s no pressure. We want to have — you know his term comes up soon. I think he’s going to do the right thing. Everybody knows what the right thing is,” Trump said, referring to lowering interest rates.

When asked why he wouldn’t fire Powell if he thinks interest rates are hurting families, Trump said that would be unnecessary.

“Because to do that is a big move and I just don’t think it’s necessary. I believe that he’s going to do the right thing, I believe that the chairman is going to........

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