US President Donald Trump’s verbal barrage against Federal Reserve Chair Jerome Powell has intensified since his return to the White House in January, with attacks now coming almost daily. His latest salvo on Tuesday mixed demands for immediate interest rate cuts with accusations over a costly Fed building project.

Trump on Tuesday ramped up his pressure on Jerome Powell to cut interest rates, threatening to allow a lawsuit over the central bank’s $3.1 billion renovation project to move forward.

Trump returned to his sharp critiques of the Fed chair, saying "Jerome 'Too Late' Powell must NOW lower the rate" after the inflation report came in a bit cooler than expected.