Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point, following a half-point cut in September, and the outlook for inflation and the economy,

Fed Chairman Jerome Powell said the U.S. economy is in very ... "No." "Do you think that legally you are not required to leave," the same reporter asked Powell at a press conference Thursday. "No," Powell repeated again. Later he added," Not permitted ...

The Federal Reserve's 25-bp rate cut will help support the solid U.S. economy, Federal Reserve Chair Jerome Powell said on Thursday. Recent data indicate that economic activity has continued to expand at a solid pace,