Federal Reserve Chairman Jerome Powell delivers remarks following the Fed’s two-day policy meeting on Wednesday.
Judging by market expectations and policymakers’ comments, there’s virtually no chance the Fed will change its benchmark interest rate when the meeting ends Wednesday.
Despite a recent spate of disagreements among Federal Open Market Committee members about the longer-term trajectory of monetary policy, the near-term stance likely will be one of patience as a series of cuts made last year work their way through the economy.
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LIVE: Federal Reserve Chair Jerome Powell speaks on interest rate decision — 1/28/2026