Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the

U.S. President Donald Trump said on Tuesday he has two or three top choices to replace Jerome Powell as Federal Reserve chair.

Federal Reserve Chair Jerome Powell told a financial conference in Portugal on Tuesday that he would have lowered interest rates if not for President Trump's tariffs. The White House all-but directly asked the Fed to lower rates yesterday,