The Latest Breaking News from Jerome Powell

The Dow Jones rose Wednesday ahead of today's Federal Reserve policy decision and Powell's comments. Cathie Wood sold more Tesla stock.

With markets expecting no change in Fed rates today, focus will shift to the central bank's new 'dot plots' — economic projections — for clarity on its next move.

The Federal Reserve is set to leave its key interest rate unchanged Wednesday as it seeks to guide the U.S. economy toward a “soft landing” of cooling inflation without triggering a deep recession

The market rally lost ground but avoided a highly bearish signal with the Fed decision on tap. Tesla stock is one to watch.

Federal Reserve chair Jerome Powell may not bare his hawkish talons on Wednesday with core inflation falling rapidly.

Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools

Investors believe the Federal Reserve will stop raising interest rates at their meeting this week. But a possible rate cut is not yet in view.

Economists are seeing shadows.

Federal Reserve Chair Jerome Powell swore in three members of the central bank’s governing board Wednesday, including Philip Jefferson as vice chair and Adriana Kugler to fill a vacant seat as the central bank’s first Latina governor

Growth in prices still remains far below the decades-high inflation rates that were seen last summer, when rate peaked at 9.1% in June

A sharp increase in gas prices likely pushed inflation higher in August compared with a year ago, yet a measure excluding energy and food costs is expected to fall for the fifth straight month, suggesting that the Federal Reserve’s interest rate hikes are still bringing down prices for many goods…