President Donald Trump and Federal Reserve Chairman Jerome Powell went back and forth in front of the press Thursday over Trump's claims about cost overruns at the Fed headquarters in Washington.

The stunning side-by-side took place as Trump began a rare tour of the Fed building, in what was widely seen as the latest chapter in his pressure campaign to get Powell to lower interest rates or resign as the central bank chairman.

But Trump also suggested that he was abandoning any consideration of firing Powell, despite floating that unprecedented and legally contested idea earlier this month.

"To do that is a big move, and I just don't think it's necessary," Trump told reporters after his brief spat with Powell.

"I believe that he's going to do the right thing," Trump added.

The

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