Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from Presi

The new White House administration is making major changes in trade, immigration, fiscal policies, and deregulation. "It's the net effect of these policies" that matters, Federal Reserve Chair Jerome Powell said on Friday at the University of Chicago Booth School of Business.

The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said on Friday.