In his remarks Tuesday, the central bank leader asserted that the Fed is "well positioned to wait" on interest rate policy.

White House officials have raised the heat on Powell to lower rates. Now he's faced with two key Fed officials who have said they could favor a cut in July.

In prepared remarks, Powell said concerns linger over the impact President Donald Trump's tariffs will have on inflation.

U.S. Federal Reserve Chair Jerome Powell echoed recent sentiments to a congressional panel following the central bank's decision to maintain its key interest rate despite public…

In his remarks Tuesday, the central bank leader asserted that the Fed is "well positioned to wait" on interest rate policy.