The Fed chair will appear before Congress this week. How lawmakers respond will be a key gauge of support for central bank independence.

President Trump's relentless criticism of the Federal Reserve has created a challenging 'lose-lose' situation for the central bank. As the Fed navigates the complexities of higher prices and weaker growth due to tariffs,

U.S. President Donald Trump once again criticized Federal Reserve chair Jerome Powell, saying that the central bank chief "could do the biggest and best job" for the country by lowering interest rates.