Federal reserve chair jerome powell briefed reporters wednesday afternoon after the fed announced it would once again keep interest rates where they are at a level of 4.25 percent. The federal reserve held interest rates steady, with chair jerome powell explaining the central bank's thinking in a 2:30 p.m. Federal reserve chairman jerome powell has decided to keep interest rates steady again, drawing the ire of president donald trump
US Fed Chair Jerome Powell's Speech Today: Why Is It Significant? Check
Powell is due to give his speech at 2:30 p.m
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At his press conference, fed chair jerome powell said there has been no decision made on how the central bank will proceed at its september meeting, dashing traders' hopes for.
Powell's speech today focused on bank regulations, not rate cuts leaving markets guessing on fed policy's next big move. Jerome powell during a news conference following a federal open market committee (fomc) meeting in washington, dc, on july 30
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