Donald Trump attacks Federal Reserve chairman Jerome Powell, accusing him of incompetence and costly overhauls amid interest rates being held steady.

US President Donald Trump has called Jerome Powell 'a complete loser' and accused him of costly renovations to the Federal Reserve's buildings as inefficient. The criticism comes after the Reserve's decision to keep interest rates unchanged for the fifth consecutive time. Trump believes the rates are too high and continues to put pressure on Powell, underscoring the need for changes in the institution's leadership.