Federal Reserve Chair Jerome Powell holds a news conference following the central bank's decision on interest rates.

The US central bank is expected to defy political pressure and keep interest rates unchanged Wednesday at the end of a two-day policy meeting, as the effects of President Donald Trump's tariffs emerge ...

The central bank is expected to maintain rates as tariff-driven price pressures gradually ripple through the wider economy.

Wall Street chugged mostly higher in premarket trading as Chinese and U.S. officials begin a second day of trade talks.