US President Donald Trump has renewed his criticism of Federal Reserve Chairman Jerome Powell, accusing him of maintaining interest rates that are too high, likely for political reasons. Trump stated that the current rates should be three percentage points lower and blamed Powell's refusal to lower rates for a lagging housing market, which he says is hurting families and the broader economy. He described Powell as stubborn and called on the Federal Reserve Board to take action. Despite Trump's pressure, some economists argue that the Federal Reserve's rates remain justified, even as they are the highest among G-10 countries. The ongoing debate has drawn attention from political figures like Speaker Johnson, who has expressed openness to discussions about the Federal Reserve Act.