While Fed Chair Jerome Powell suggested it’s in a “good position” to act decisively if necessary, some economists worry this approach could make the central bank slow to respond to a downturn.  Consumer sentiment has plummeted amid trade policy uncertainty,

Federal Reserve Chair Jerome Powell says it is still appropriate to keep monetary policy on hold, given uncertainty about the economic outlook.

President Donald Trump repeated his criticism of Federal Reserve Chair Jerome Powell as being "too late" in cutting interest rates, while inflation remains above the 2% target.