At a news conference May 7 after the Fed held interest rates steady, Chair Jerome Powell repeatedly said officials can afford to “wait and see” how the effects of the tariffs play out and are ...

Fed Chair Jerome Powell knocked down any notion of taking preemptive rate cuts as inflation is still running above target. "It's not a situation where we can be preemptive, because we actually don ...

President Trump renewed his criticism on Thursday of Federal Reserve Chair Jerome Powell, calling him a “fool” and complaining that the Fed is refusing to lower interest rates.

Powell said amendments to the strategy will likely be made "in coming months." The last framework was unveiled at the Kansas City Fed's annual August research conference in Wyoming.