Instead of interest rates, Powell may talk about the Fed’s review of its monetary policy framework—how it balances employment and price stability.

The Fed Chair leads the Federal Reserve’s Board of Governors and chairs the Federal Open Market Committee, setting the course for U.S. monetary policy—everything from interest rates to quantitative easing.

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.

The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible effects of tariffs.

The Federal Reserve on Wednesday afternoon announced its latest decision on interest rates, leaving the benchmark rate unchanged as broadly expected.

Fed Chair Jerome Powell is set to speak with reporters after the Federal Reserve's decision to hold interest rates steady amid widespread economic uncertainty tied to President Trump's tariffs.

Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains “squarely focused” on its dual mandate, and the Fed held rates steady because “the risks of higher unemployment and higher inflation have risen.