Fed Chair Jerome Powell Holds News Conference On Interest Rate Decision

WASHINGTON, DC - JANUARY 28: Federal Reserve Chair Jerome Powell says, "It's just an institutional arrangement that is that is serve the people well, and that is to have a separation between. I do not have direct elected official control over the setting of monetary policy," during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on January 28, 2026 in Washington, DC. Powell announced that interest rates will remain steady at 3.5 - 3.75 percent. (Footage by Kevin Dietsch/Getty Images)