President Donald Trump and Federal Reserve Chair Jerome Powell have often traded barbs over interest rates. Trump, who appointed Powell as Fed chair in 2018, has considered replacing him in the past.

Federal Reserve Chair Jerome Powell is holding a press conference Wednesday afternoon, the first since President Trump began his second term. Powell, who is expected to serve out the rest of his term,

The US president accused Jerome Powell leader of failing to 'stop the problem they created with inflation.' Powell said he would not respond to Trump's comments.