Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

Federal Reserve chairman Jerome Powell defended his $2.5 billion headquarters renovation project near the National Mall Thursday — insisting that “we take seriously the responsibility to be good stewards of public resources.

The president's feud with Jerome Powell continued with Trump lashing out against the Federal Reserve chairman in posts on Truth Social.

Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.

Financial news has been breaking fast and furious, thanks to President Trump. Over the past week, he has: Escalated threats of sharply higher tariffs on major trading partners that don’t cut trade deals with him by the end of the month.

Economists expect the Consumer Price Index, to be released at 8:30 a.m., to show that the annual rate of so-called core inflation edged up to 3 percent in June as businesses started to pass some of the $100 billion collected in import taxes along to consumers.

The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.