The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a conference in New York.

Fed's Mary Daly reassures on economic resilience & interest rates in a 'good place,' urging deliberate policies amid mixed signals & business uncertainty.

San Francisco Federal Reserve Bank President Mary Daly on Friday called out the elevated uncertainties around the economic outlook, but said that with the economy solid and short-term borrowing costs "in a good place,