Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

President Donald Trump wants the Federal Reserve to cut interest rates by a lot, quickly. He will get that, and probably much more, under the next Fed chair.

The Federal Reserve on Wednesday held its interest rate target steady, defying a pressure campaign by President Donald Trump to lower rates. After a two-day meeting of its monetary policy committee in Washington,