Federal Reserve Chair Jerome Powell refused to answer three straight questions about politics during his press conference Wednesday. That’s typical for the just-the-facts persona he’s constructed for himself over the years.

The Federal Reserve held interest rates steady in January. Fed Chair Jerome Powell has faced pressure from Trump to cut rates, and from a DOJ probe.

Gold is up 84% year over year, and silver by a stunning 245%, but the Fed chair is looking elsewhere.

The conflict between President Trump and Federal Reserve Chair Jerome Powell continues, as the Fed maintains steady interest rates despite political pressure.

The Federal Reserve has kept interest rates on hold, as US rate-setters signalled they are in no rush to cut despite Donald Trump’s relentless campaign to drastically lower borrowing costs. The rate-setting Federal Open Market Committee said on Wednesday that economic activity was “expanding at a solid pace” and unemployment was showing “some signs of stabilisation” — hints that officials believe rates are now at an acceptable level for the world’s largest economy.

Jerome Powell said he's committed to keeping the Federal Reserve independent from politics. Video shows attack on Ilhan Omar during town hall Trump triggers flight from US dollar Woman thought family was killed in Holocaust,

Federal Reserve Chair Jerome Powell painted an upbeat picture of the economy at his latest press conference, suggesting the Fed could take its time in cutting interest rates.