Powell gives remarks
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All eyes are on Jerome Powell as he speaks live following the latest decision by the Federal Reserve to keep interest rates unchanged. While the pause was widely expected, markets are reacting in real time to Powell’s tone,
This is CNBC's live blog covering the Federal Open Market Committee meeting and Chair Jerome Powell's press conference. The Federal Reserve kept a steady hand on its overnight lending rate, maintaining a target range of 3.
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Stock market today: Dow drops as Fed's Powell notes economic 'shocks' (live coverage)
The Dow Jones index dropped Wednesday on surprise inflation data. The Fed decision and Powell's comments are next.
Powell and other Fed officials have repeatedly noted the importance of keeping inflation expectations in line, particularly long-term expectations. A number of officials and staff noted during the FOMC meeting this week that short-term inflation expectations have moved up quite a lot,
The United States Federal Reserve has kept its interest changed. Chair Jerome Powell announced the two-day Federal Open Market Committee (FOMC) meeting's outcome. Stay with Livemint for the latest news,