YOUTUBE (The Hill) - Watch live: Powell gives remarks as Fed holds interest rates steady
Federal Reserve Chair Jerome Powell will give remarks Wednesday afternoon after the central bank opted to keep interest rates steady amid uncertainty around the Iran war and rising inflation. The Federal Open Market Committee decided to maintain its baseline interest rate range between 3.5 and 3.7 5 percent at the end of what will likely be Powell’s final meeting at the helm. The Senate Banking Committee voted earlier Wednesday to advance Kevin Warsh, President Trump's nominee to lead the Fed, just days after the Justice Department dropped its criminal probe of the sitting chair. #jeromepowell #federalreserve #trump