Federal Reserve Chair Jerome Powell shrugged off pressure from the White House and rejected arguments for an interest-rate cut from two dissenting officials, maintaining that the central bank needed to stay on guard against inflation risk.

Federal Reserve Chair Jerome Powell briefed reporters Wednesday afternoon after the Fed announced it would once again keep interest rates where they are at a level of 4.25 percent to 4.5 percent. The vote,

Trump hits ‘too late’ Jerome Powell as Federal Reserve keeps interest rates steady despite two board dissenters - President has failed to bully the central bank into lowering interest rates to artific