The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and his chief critic,

Donald Trump clashed with Jay Powell during a visit to the Federal Reserve on Thursday in a rare public confrontation between a US president and central bank chief.

Both wearing hard hats, the Federal Reserve chairman and the US president sparred over cost overruns during a tour of the central bank’s renovation project.