The central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold.

(Bloomberg) -- Massive volatility in financial markets triggered by President Donald Trump’s burgeoning trade war has raised speculation the Federal Reserve may intervene to stem the losses.

It also launched programs to shore up specific ... sheet runoff would probably be the first order of business." Fed officials for now do not seem to be in any rush to step in.

The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.

But Powell was adamant that with the economy in good shape for now, the Fed can stay on the sidelines ... their first high-level talks since Trump launched his trade war this weekend in Switzerland.

The new Fed initiative comes as Trump has launched an aggressive effort to downsize ... like in the 1990s and now.” ...

But Powell was adamant that with the economy in good shape for now, the Fed can stay on the sidelines ... first high-level talks since Trump launched his trade war this weekend in Switzerland.

Mr. Trump's post on his Truth Social app is the latest in a string of criticisms he's launched ... the Fed's reasoning for holding steady, including that economic data — for now — shows ...

Now back in office, Mr. Trump has again begun berating Mr. Powell and the Fed, urging them to lower borrowing costs. But the economic circumstances today are drastically different from those of ...

The two sides are scheduled to hold their first high-level talks since Trump launched his trade war ... With inflation not far from the Fed’s 2% target for now, Trump and Treasury Secretary ...