Federal Reserve Chair Jerome Powell is set to deliver his final press conference before he is due to step down on May 15.

In a contentious end to Powell’s eight-year chairmanship, the central bank’s interest-rate stance drew four dissents.

On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia University for an evening talk with students about Federal Reserve history and the political balance of its structure,

Federal Reserve Chair Jerome Powell will hold his final press conference at 2:30 p.m. Wednesday to discuss the policymakers’ interest rate decision ahead of his planned departure on May 15. The appearance comes at a pivotal moment for the central bank as it weighs whether to change interest rates amid lingering inflation concerns and President

The Federal Reserve is overwhelmingly favored to hold interest rates steady again on Wednesday, in what is likely Jerome Powell’s final meeting as the central bank’s chair amid a contentious relationship with President Donald Trump.

The US Federal Reserve on Wednesday left its key interest rate unchanged amid the ongoing energy crisis and inflation concerns linked to the Iran war. A majority of policymakers voted to keep the benchmark rate in a range of 3.

Fed Chair Jerome Powell is set to deliver his final press conference as tensions with Trump escalate over interest rates and central bank leadership.

Since returning to the White House, Donald Trump has repeatedly attacked Federal Reserve chair Jerome Powell - mainly because interest rates have not fallen as quickly as the 47th president of the US would like.