Federal Reserve

Watch Fed Chair Jerome Powell's post-meeting press conference live

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Federal Reserve Chairman Jerome Powell spoke with the media Wednesday at the conclusion of the central bank's two-day policy meeting. The Fed caused a rebound in stocks and sent yields reeling after indicating it expected to keep rates at current levels for the rest of the year. The central bank also downgraded its viewpoint of the economy and said it would end its balance sheet unwind in September.

Read more:
'The one report that everyone in Washington watches' just showed a big gain in job openings
Workers at the lower end of the pay scale finally are getting the most benefit from rising wages
Why rising wages could push the Fed toward more rate hikes yet

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