Hackers connected to the Iranian government have a history of trying to attack U.S. government agencies and the financial sector.

Trump claimed that Americans will be paying for Powell's "incompetence" for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.

Hackers connected to the Iranian government have a history of trying to attack U.S. government agencies and the financial sector.

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that the central bank continues to monitor the threat of inflation.