Federal Reserve chair Jerome Powell on Wednesday did not comment on U.S. President Donald Trump's remarks from last week about demanding a fall in interest rates. Trump, speaking at the World Economic Forum at Davos-Klosters,

Federal Reserve Chair Jerome Powell said Wednesday he has not spoken to President Donald Trump since last week's remarks by the president when he said he would demand the central bank lower interest rates.

The best indicator of monetary policy’s impact on the broader economy is what you see when “looking out the window,” Federal Reserve Chairman Jerome Powell told a room full of reporters following the Federal Open Market Committee’s (FOMC) January 28-29 meeting.

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,

The US Fed held rates steady, reaffirming its independence despite President Donald Trump’s demands for cuts. Fed Chair Jerome Powell dismissed political pressure, while Trump accused the Fed of failing to control inflation.

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," saying the Fed has a careful budget process.

Federal Reserve Chair Jerome Powell said that while there is a lot of uncertainty about the outlook right now, the U.S. economy is still in a good place and the current situation isn’t as dire as it was at times such as the Covid-19 pandemic or the 2008 global financial crisis.

US Federal Reserve chief Jerome Powell (pictured) mounted a robust defence of the central bank's independent decision making.

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

Speaking virtually at the World Economic Forum in Davos, Switzerland, President Donald Trump indicated Thursday that he would “demand that interest rates drop immediately.” Since setting rates is the prerogative of the supposedly politically independent Federal Open Market Committee,

Donald Trump hinted at a coming clash with Federal Reserve Chair Jerome Powell and other central bankers as he spoke virtually before the World Economic Forum, saying he would 'demand' lower interest rates.