Watch live: Powell gives remarks as Federal Reserve keeps rates steady amid Iran conflict

Source: The Hill News · Bias: Center

Summary

Federal Reserve Chair Jerome Powell will give remarks Wednesday afternoon after the nation’s central bank decided to hold interest rates steady amid evolving impacts on the economy sparked by President Trump’s military operation in Iran. The Federal Open Market Committee (FOMC), the panel of bank officials responsible for setting borrowing costs, maintained its baseline interest…

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Watch live: Powell gives remarks as Federal Reserve keeps rates steady amid Iran conflict
The Hill News

Watch live: Powell gives remarks as Federal Reserve keeps rates steady amid Iran conflict

Center

Federal Reserve Chair Jerome Powell will give remarks Wednesday afternoon after the nation’s central bank decided to hold interest rates steady amid evolving impacts on the economy sparked by President Trump’s military operation in Iran. The Federal Open Market Committee (FOMC), the panel of bank officials responsible for setting borrowing costs, maintained its baseline interest…