Full CoveragePowell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
By Jeff Cox
Frequently asked questions
See popular questions from Google SearchWhy won't Jerome Powell lower interest rates?
All coverage
Powell Won't Rule Out a July Rate Cut as Dissent Grows
By Nicole Goodkind
Powell repeats rate cuts can wait as Fed studies tariff impacts
By Howard Schneider
Fed Chair Powell says US economy in a 'solid position' as central bank weighs rate cut timing
By Eric Revell
WATCH: Fed Chair Powell says interest rate cut can wait in testimony before House committee
By Chris Rugaber
Powell Reaffirms Wait-and-See Posture on Rate Cuts
By Nick Timiraos
The Fed won’t lower rates like Trump wants because it sees ‘meaningful’ inflation spike later this year
By Paolo Confino
Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined
By Jeffry Bartash
Jerome Powell Testifies to House of Representatives
By Krisztian Sandor & Stephen Alpher
As the Fed Waits on the Impact of Tariffs, Some Are Already Feeling It
By Dan DeFrancesco
Fed Leaves Interest Rates Unchanged, Forecasts Higher Unemployment and Inflation But Weaker Economic Growth
By Tim Smart
Fed in no rush to lower rates despite internal dissent
By Meghan Roos
Federal Reserve Warns Trump’s Economy Is About to Get Whole Lot Worse
By Malcolm Ferguson
Rates Spark: A Wednesday afternoon of drama from the US
By Benjamin Schroeder, Padhraic Garvey & Michiel Tukker
Fed holds interest rates steady, brushing off Trump’s calls for big cuts
By Andrew Ackerman
Business live blog, Wednesday June 18 — as it happened
By Simon Freeman & Martin Strydom
Tariffs hit US economy forecast but the Fed unmoved by latest Trump threats with no change to interest rates
By Sarah Taaffe-Maguire
Fed holds interest rates for fourth time despite tariff turmoil
By Natalie Sherman
US Fed Meet Highlights: Jerome Powell-led FOMC keeps interest rates steady at 4.25%-4.50%, sees 50 bps rate cut in 2025
By Anubhav Mukherjee & Ankit Gohel
Tariff threats put the Federal Reserve in ‘uncomfortable purgatory’
By Christopher Rugaber
What the Fed's Pause on Rate Cuts Means for Savings Account, CD Rates
By Kelly Ernst & Toni Husbands
Fed decision recap: Central bank signals stagflation fears, Powell says Fed ‘well positioned to wait’ on rates
By Darla Mercado
Fed Sees Higher Inflation and Lower Growth Ahead
By Colby Smith, Ben Casselman & Joe Rennison