The Latest Breaking News from Jerome Powell

Hours before the decision, the president called the Fed’s chair, Jerome Powell, ‘stupid’ for anticipated rate hold

Faced with a blurry forecast for the U.S. economy, the Federal Reserve continued its pattern of keeping interest rates at their current levels.

The president also joked about whether he can appoint himself to head the Fed

ANALYSIS: Here are a handful of factors likely impacting the Fed’s interest rate decision being announced today.

Here’s a snapshot of the action this morning prior to the opening bell in New York.

June S&P 500 E-Mini futures (ESM25) are up +0.20%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.33% this morning, pointing to a slightly higher open on Wall Street after yesterday’s drop, while investors await the Federal Reserve’s policy decision and updated projections, as well as Chair Jerome Powell’s…

The US central bank is expected to hold interest rates steady Wednesday after its key policy meeting, as officials gauge the impact of tariffs on inflation -- and despite President Donald Trump's calls for rate cuts.

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst

After a turbulent spring, investors will be watching this latest Fed meeting to see if Chair Jerome Powell will offer any hints about whether the worst has passed or is yet to come.

Markets are forward-looking mechanisms, and it's good when price action shows there's a future to look forward to.

With Jerome Powell's term set to expire in May 2026, President Donald Trump is actively preparing to name a new Fed Chair.