The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible effects of tariffs.

Federal Reserve Chairman Jerome Powell will hold a news conference at 2:30 p.m. following his announcement of the Fed’s ...

The Federal Reserve on Wednesday afternoon announced its latest decision on interest rates, leaving the benchmark rate ...

Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.

Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...

President Donald Trump’s sweeping tariffs have clouded the central bank’s economic outlook, leaving it in wait-and-see mode.

Fed Chair Jerome Powell flagged the need for improved communications in remarks to a central bank strategy conference last ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...

The manager of the Federal Reserve’s massive portfolio of securities said the central bank’s effort to reduce the size of its ...

"We are comfortable with our policy stance," Powell said at a May 7 press conference. "We think right now the appropriate thing to do is to wait and see how things evolve. There's so much uncertainty.

That's right. Investors will be listening closely to Fed Chair J. Powell's press conference this afternoon to see if his views have evolved at all on the central bank following President Trump's ...

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