Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,

Federal Reserve Chair Jerome Powell holds a press conference on interest rates Watch live as Federal Reserve Chair Jerome Powell holds a press conference. The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year,

With The Federal Reserve's policy stance significantly less restrictive and the economy remaining strong, the central bank isn't in a hurry to adjust its stance, Federal Reserve Chair Jerome Powell said Wednesday at the post-decision press conference.